Examlex
Name the following:
Times Interest Earned
A ratio measuring a company's ability to meet its interest payments based on its operating income, indicating financial health and creditworthiness.
Tax Rate
The percentage at which an individual or corporation is taxed.
Bonds Payable
Long-term debt securities issued by a corporation or government entity, which must be repaid to investors at a specified maturity date.
Amortized Bond Discount
The gradual reduction of the discount on a bond over its life, moving towards its par value, usually done in equal amounts over the accounting periods.
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