Question: Hi. I need help in answering two questions. How do we use the times-interest-earned rato to evaluate business performance? What is Depreciation? Define useful life,

Hi. I need help in answering two questions.

  1. How do we use the times-interest-earned rato to evaluate business performance?
  2. What is Depreciation? Define useful life, residual value, and depreciable cost.

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