Examlex
A fisherman fishing from a pier observes that the float on his line bobs up and down, taking 2.4 s to move from its highest to its lowest point. He also estimates that the distance between adjacent wave crests is 48 m. What is the speed of the waves going past the pier?
Equity Multiplier
A financial ratio that measures a company's leverage by comparing its total assets to its total equity.
Year 2
The second year in a specified timeframe, often used in financial and performance analysis.
Average Collection Period
A financial metric indicating the average number of days it takes for a company to receive payments owed by its customers.
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 expense.
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