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According to the "rule of octets"
Times Interest Earned
A financial ratio that measures a company's ability to meet its interest obligations, calculated as earnings before interest and taxes divided by interest expenses.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, leading to net profit or loss.
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations based on its earnings before interest and taxes.
Net Income
The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.
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