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What is the difference between validity and reliability?
Interest Expense
The financial outlay associated with an entity's use of borrowed resources over time.
Times Interest Earned Ratio
A financial metric used to measure the company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.
Interest Expense
The cost incurred by an entity for borrowed funds, typically reflected in income statements as a cost of financing operations.
Times Interest Earned Ratio
A financial ratio that measures a company's ability to meet its interest obligations based on its operating income.
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