Examlex
The diagram shows total internal reflection. Which of the following statements is NOT true?
EBITDA Coverage Ratio
Similar to the times-interest-earned ratio, but it recognizes that many firms lease assets and also must make sinking fund payments. It is found by adding earnings before interest, taxes, depreciation, and amortization and lease payments, then dividing this total by interest charges, lease payments, and sinking fund payments over 1 minus the tax rate.
TIE
Times Interest Earned, a financial metric indicating how well a company can meet its interest obligations based on current earnings.
DSO
Days Sales Outstanding, a measure of the average number of days that a company takes to collect payment after a sale has been made.
Repurchase
This refers to the action of buying back previously sold products or shares, often used as a way to return capital to shareholders or reduce outstanding shares.
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