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In a class discussion on the treatment of Aboriginals by the Canadian government, Jesse described what happened to his grandmother when she was a child. At around the age of 8 years she was forcibly removed from her parents' home and taken to a school over 800 kilometres away. At the school she was forbidden to speak her own language and prevented from seeing her parents. She didn't see her mother for six and a half years. What was the name of this kind of school?
Total Debt
The sum of all owed liabilities, both current and long-term, that a company must eventually pay back.
Cash Coverage Ratio
A financial metric that measures a company's ability to cover its debt obligations with its available cash and cash equivalents.
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations by comparing net income before interest and taxes to its interest expenses.
Depreciation Expense
The allocation of an asset's cost over its useful life, reflecting the decrease in value over time due to wear and tear or obsolescence.
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