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A student is writing an astronomy paper and needs statistical information for the year 1986. Which source should she consult?
Interest Expense
The cost incurred by an entity for borrowed funds, which is recognized in the financial statements as an expense.
Times Interest Earned Ratio
A financial metric that measures a company's ability to cover its interest expenses with its earnings before interest and taxes.
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.
Equity Multiplier
A financial leverage ratio that measures the portion of a company’s assets that is financed by stockholders' equity.
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