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Does McClelland believe that power is good or bad? Why?
Net Income
The earnings left for a company after paying off all its costs and tax obligations from its revenue.
Times Interest Earned Ratio
A financial metric used to determine a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.
Interest Expense
The cost incurred by an entity for borrowed funds over a period, reported on the income statement.
Income Before Taxes
The earnings of a company before taxes have been deducted.
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