Examlex
A high times interest earned ratio indicates an extra margin of protection if the company's profitability declines in the future.
Commission
A fee paid for provided services, typically a percentage of the transaction value, common in sales and trading environments.
Monthly Quota
A set target or amount that needs to be achieved or sold within a monthly timeframe.
Net Pay
The amount of money an employee receives after deductions such as taxes and retirement contributions are subtracted from their gross salary.
Gross Pay
Definition: The total amount of money an employee earns before any deductions are taken out.
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