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How will an increase in the efficiency of the payments mechanism effect velocity?
Interest Expense
The cost incurred by an entity for borrowed funds.
Tax Rate
The percentage at which an individual or corporation is taxed.
Debt-to-Equity Ratio
A measure indicating how a company's assets are financed through a mix of debt and equity from shareholders.
Balance Sheet
A report detailing a company's assets, liabilities, and equity of shareholders at a particular moment.
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