Examlex
Which group is incorrect?
Preceding Year
Refers to the year that immediately comes before the current year.
Earnings Per Share
A company's profit divided by the number of outstanding shares of its common stock.
Interest Expense
The cost incurred by an entity for borrowed funds, typically reported on the income statement within financial reporting.
Current Ratio
A financial ratio indicating a firm's capacity to settle short-term liabilities with assets due within the same period.
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