Examlex
Which one of the following would not be included as a source of short-term financing?
Gross Margin Percentage
The portion of each dollar of revenue that a company retains as gross profit, calculated as gross profit divided by total revenue.
Times Interest Earned Ratio
A financial metric assessing a company's ability to meet its debt obligations by comparing its income before interest and taxes (EBIT) to its interest expenses.
Net Income
The profit resulting after all expenses, taxes, and costs have been deducted from total revenues.
Interest Expense
The cost incurred by an entity for borrowed funds, which can include costs related to bonds, loans, and lines of credit.
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