3600 Formulas Flashcards

0
Q

Inventory Turnover Ratio

A

Cost Of Goods Sold / Average Inventory

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1
Q

Gross Profit Ratio

A

Gross Profit / Net Sales

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2
Q

Average Days To Sell Inventory

A

365 Days / Inventory Turnover

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3
Q

Fixed Asset Turnover Ratio

A

Net Sales / Average Fixed Assets

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4
Q

Average Age of Fixed Assets

A

Accumulated Depreciation / Depreciation Expense

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