Examlex
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Long-Term Liabilities
Financial obligations of a business that are due more than one year in the future, such as bonds payable, long-term lease obligations, and pension liabilities.
Times Interest Earned Ratio
A financial metric measuring a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.
Income Statement
A financial report that shows a company's revenue, expenses, and profits over a specific period.
Present Value
The current value of a future sum of money or stream of cash flows given a specified rate of return, crucial in discounting and investment decision making.
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