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 ...

Earnings before interest and taxes (EBIT) indicate a company's profitability and are calculated as revenue minus expenses, excluding taxes and interest expenses.

The most important accounting formulas are practical and intuitive, making them easy to remember and apply. Many, or all, of the products featured on this page are from our advertising partners who ...