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Choosing between alternatives is risk assessment.
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations based on its current income.
Net Income
The amount of profit left over, after all expenses and taxes have been subtracted from total revenue.
Tax Expense
Tax Expense is the total amount of taxes owed by an individual or corporation to the federal, state, and local government, reflecting in the financial statements of the period in which the tax is accrued.
Premium Amortization
The systematic reduction of a premium paid above the par value of a bond, allocated over the bond's life until maturity.
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