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The Times-Covered Ratio, Which Measures the Degree to Which Managers

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The times-covered ratio, which measures the degree to which managers use debt or equity to finance ongoing operations, is a type of


Definitions:

Mean Sales

The average revenue from sales over a specific period of time.

Bell-Shaped

A description of a graph or distribution that is symmetrical and rounded at the top, resembling the shape of a bell, typically indicative of a normal distribution.

Standard Deviation

An examination of the level of disparity or distribution range among values.

Skewed

A description of a distribution that is not symmetrical around its mean, indicating that the data points tend to extend more to one side than the other.

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