Activity Ratios Flashcards
1
Q
Fixed Asset Turnover
A
Net Sales/Average Net Fixed Assets
2
Q
Inventory Turnover
A
Cost of Sales/Average Inventory
3
Q
Accounts Receivable Turnover
A
Net Income/Average Accounts Receivable
4
Q
Days Sales Outstanding
A
Accounts Receivable/Average Daily Credit Sales
5
Q
Net Fixed-Asset Turnover
A
Revenue/Net Fixed Assets