Examlex
The firm's statement of retained earnings reports changes in:
Net Operating Income
The profit generated from a company's normal business operations after subtracting all operating expenses.
Net Income Before Taxes
The total earnings of a company before tax expenses have been deducted.
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations based on its current income.
Interest Expense
The cost incurred by an entity for borrowed funds.
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