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A company's had fixed interest expense of $5,000,its income before interest expense and income taxes is $17,000,and its net income is $9,400.The company's times interest earned ratio equals:
Direct Costs
Expenses that can be directly linked to the production of a specific good or service, such as raw materials and labor.
Underwriting Spread
The difference between the price at which underwriters purchase securities from the issuer and the public offering price set for the securities.
Rights Offering
A corporate action where a company offers existing shareholders the right to buy additional shares at a discount before offering them to the public.
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