What Is the Interest Coverage Ratio Formula? The interest coverage ratio formula is a both a debt ratio and profitability ratio. The ratio measures the number of times a company can make interest payments on its debt with its earnings before interest and taxes (EBIT). It is used to determine […]
Yearly Archives: 2020
15 posts
Voided Check – What is a Void Check? How to Properly Void a Check (2020 Guide) What is a Voided Check A voided check is a check that has the word “VOID” written across the front. The check can be blank or partially filled in. The word VOID indicates that […]
What is Gross Domestic Income (GDI) vs Gross Domestic Product (GDP)? Gross Domestic Income (GDI) Gross domestic income (GDI) is a measure of total economic activity. It is based on all the income earned while producing goods and providing services through economic activity. Key Points Gross domestic income (GDI) is […]