Examlex
Which of the following would not be a cash equivalent?
Interest Expense
The cost incurred by an entity for borrowed funds; it is the price paid for the use of borrowed money, or, for corporations, the price paid for the use of borrowed capital.
Payout Ratio
A financial metric that measures the proportion of earnings a company pays to its shareholders in the form of dividends.
Net Income
Net income is the total profit of a company after all expenses and taxes have been deducted from total revenue.
Retained Earnings
Profits that a company keeps after dividends have been paid out, which may be used for investment or to pay off debt.
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