Activity Ratios Flashcards

1
Q

Fixed Asset Turnover

A

Net Sales/Average Net Fixed Assets

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2
Q

Inventory Turnover

A

Cost of Sales/Average Inventory

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3
Q

Accounts Receivable Turnover

A

Net Income/Average Accounts Receivable

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4
Q

Days Sales Outstanding

A

Accounts Receivable/Average Daily Credit Sales

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5
Q

Net Fixed-Asset Turnover

A

Revenue/Net Fixed Assets

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