Basic Formulas Flashcards
Current Ratio=______/Current Liabilities
Current Ratio=Current Assets/Current Liabilities
Quick Ratio= Quick Asset/_____
Quick Ratio=Quick Assets/Current Liabilities
Inventories=CA-____
Inventories=CA-QA
CAR=_____/Tot. Capital
CAR=RWA/Tot. Capital
Break-Even Point=_______/(Price per unit - Variable Cost Per Unit)
Break-Even Point= Fixed Cost/(Price per unit - Variable Cost Per Unit)
DU Point System, Return on Equity=Net Profit Margin_____Leverage Ratio
Return on Equity= Net Profit Margin* Asset Turnover* Leverage Ratio
Asset Turnover Ratio= _____/Total Asset
Asset Turnover Ratio=Sales/Total Asset
Effective Annual Rate (EAR) =____________
(1+r/n)^n - 1 ; r in %
Budget Deficit = ______ - TR
BD= TE - TR
Revenue Deficit = RE - ____
RD= RE - RR
Fiscal Deficit = TE -TR (except borrowing)
Fiscal Deficit = TE -TR (except borrowing)
Primary Deficit = FD - Interest Payment
Primary Deficit = FD - Interest Payment
Effective Revenue Deficit = RD - Grants for Capital Assets
Effective Revenue Deficit = RD - Grants for Capital Assets
Direct Taxes contains:
Income Tax, Corporation Tax, Wealth Tax
Indirect Taxes contains:
GST, Sales, Excise, Service
Non Tax Revenue:
Interest Payments, Dividents, Profits from PSU, Fees and Fines
Revenue Expenditure:
Salaries, Interest Payments, Pensions, Administrative Costs
Capital Receipts:
Disinvestment;
Principle amount received from loans by states
Capital Expenditure:
Long Term Investment: Infrastructure, Hospitals;
Loans given to states
Index of Industrial Production has 8 core industries, which constitutes 40% of total index, they are:
- Coal 2. Crude Oil 3. Natural Gas
4. Electricity 5. Refinery Product (Max Weightage) 6.Steel 7. Cement 8. Fertilisers
Base Year taken for IIP is:
2011-12
The Ministry responsible for the calculation for IIP is:
MoSPI, Ministry of Statistics and Programme Implementation
