Examlex
In the reduction of an unsaturated aldehyde or ketone using H2 in the presence of a transition metal catalyst, which of the following statements is true?
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations based on its current income. It's calculated by dividing earnings before interest and taxes (EBIT) by the interest expenses.
Depreciation Expense
The orderly assignment of the financial value of a real asset over its life of usefulness.
EBIT
The financial performance metric, Earnings Before Interest and Taxes, deducts all expenses from a firm's income except for interest and tax expenses.
Return On Equity
A measure of a corporation's profitability, calculated as net income divided by shareholder's equity, indicating how effectively management is using a company’s assets to create profits.
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