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What is the most important factor that explains differences in living standards among countries?
Times Interest Earned
A ratio that measures a company's ability to meet its debt obligations based on its earnings before interest and taxes.
Net Income
The amount of money a company ultimately earns once it subtracts expenses and taxes from its gross revenue.
Interest Expense
Interest expense is the cost incurred by an entity for borrowed funds.
Carrying Value
The recorded cost of an asset in a company's books, less any accumulated depreciation or amortization.
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