Examlex
Which of the following is a basic building block of all data models?
Interest-Bearing Note
A debt instrument that specifies the amount borrowed, interest rate, and maturity date, obligating the borrower to pay interest.
Bond
A form of interest-bearing note used by corporations to borrow on a long-term basis.
Times Interest Earned Ratio
This ratio measures a company's ability to meet its debt obligations based on its current income, calculated as earnings before interest and taxes divided by interest expense.
Income Before Taxes
The amount of revenue left after deducting all operating expenses, interest, and depreciation, but before paying income taxes.
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