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A typical globular cluster (image below)is composed of 500,000 stars in a sphere whose radius is approximately 15 light-years.The distance between stars in a globular cluster is given approximately by d r/N1/3,where r is the radius and N is the number of stars in the cluster.Calculate this distance,and determine how many times smaller it is than the typical distance between stars in the solar neighborhood,which is 3 light-years.
Times Interest Earned
A financial ratio that measures a company’s ability to meet its interest payments on outstanding debt.
EBIT
EBIT, or Earnings Before Interest and Taxes, represents a company's profit figure that does not take into account expenses stemming from interest and income taxes.
Interest Expense
The cost incurred by an entity for borrowed funds over a period, typically presented in the income statement.
Financial Leverage
Utilizing borrowed funds to enhance the possible yield from an investment.
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