Examlex
Which of the following descriptions matches up with the symptoms?
Times Interest Earned
A financial ratio that measures a company's ability to meet its interest obligations, calculated by dividing earnings before interest and taxes by interest expenses.
Interest Expense
The cost incurred by an entity for borrowed funds, typically expressed as an annual interest rate on debts such as loans and bonds.
Income Before Depreciation
Earnings calculated by adding back depreciation expenses to net income, providing a view of profitability before accounting for asset depreciation.
Note Payable
A written promise to pay a specified amount of money, along with interest, by a certain date, often used for loans or credit extended by a lender.
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