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Matching Questions
match each term with its description:
-Paleocene
TIE
The Times Interest Earned (TIE) ratio is a financial metric that measures a company's ability to meet its debt obligations based on its current income.
Interest Expense
Interest Expense is the cost incurred by an entity for borrowed funds, which can include loans, bonds, or lines of credit, over a specific period.
Earnings Before Interest and Taxes
An indicator of a company's profitability, calculated as revenue minus expenses excluding tax and interest.
Debt Ratio
A financial ratio that measures the extent of a company’s leverage, calculated by dividing total liabilities by total assets.
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