Interest expense, net income, and EBIT are three related financial metrics that all have to do with the profitability of a company. Here's what you need to know about calculating each one, and how ...

When you borrow money, you not only pay interest but also track the interest in your ledgers. Interest Payable is the account for recording interest you owe but haven't yet paid. You can find an ...

Find a company's periodic interest rate by dividing interest expense by total debt and multiplying by 100. To annualize a quarterly rate, multiply the periodic interest rate by four. Use income ...

A company's financial statements are accounting tools that allow executive management and potential investors to understand financial facts about the business. The balance sheet and income statement ...

If you borrow money to buy investment assets, the IRS will sometimes allow you to deduct the loan's interest from the taxable ...