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GR12 > BF > Flashcards

BF Flashcards

1
Q

RETURN OF EQUITY

A

NET INCOME ÷ STOCKHOLDERS EQUITY × 100%

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2
Q

RETURN OF ASSETS

A

OPERATING INCOME ÷ TOTAL ASSETS ×100%

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3
Q

GROSS PROFIT MARGIN

A

gross profit ÷ sales x 100%

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4
Q

OPERATING PROFIT MARGIN

A

operating income ÷ sales x 100%

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5
Q

NET PROFIT MARGIN

A

Net income ÷ sales ×100%

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6
Q

TOTAL ASSETS TURNOVER RATIO

A

net sales ÷ total asset

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7
Q

FIXED ASSET TURNOVER RATIO

A

net sales ÷ ppe

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8
Q

ACCOUNTS RECEIVABLE TURNOVER RATIO

A

Net sales ÷ Gross trade accounts receivable

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9
Q

AVERAGE COLLECTION PERIOD

A

360 ÷ Gross trade accounts receivable ratio

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10
Q

INVENTORY TURNOVER RATIO

A

Cost of sales ÷ inventories

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11
Q

DAYS INVENTORIES

A

360÷ Inventory turnover ratio

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12
Q

ACCOUNTS PAYABLE TURNOVER RATIO

A

Cost of sales ÷ Trade account payable

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13
Q

DAYS PAYABLE

A

360 ÷ Accounts payable turnover ratio

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14
Q

OPERATING CYCLE

A

Days inventories + Days receivable

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15
Q

Cash Conversion Cycle

A

Operating cycle - days payable

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16
Q

CURRENT RATIO

A

CURRENT ASSETS ÷ CURRENT LIABILITIES

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17
Q

ACID TEST RATIO OR QUICK ASSET RATIO

A

(Cash + current accounts receivable+ short term marketable securities)/ current liabilities

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18
Q

other formula for quick asset ratio

A

(Current assets - inventories )/ Current liabilities

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19
Q

DEBT RATIO

A

Total liabilities ÷ total assets

20
Q

DEBT TO EQUITY RATIO

A

Total liabilities ÷ Equity

21
Q

Interest Coverage ratio

A

operating income ÷ interest income

22
Q

INTERPRETATION FOR ROE

A

For every ₱1 of owners equity, ___ was earned.

23
Q

INTERPRETATION FOR ROE

A

For every ₱1 of owners equity, __ was earned in (year).

24
Q

INTERPRETATION FOR ROA

A

the company enerated ____ operating income for every ₱1 of an asset in the company

25
Q

INTERPRETATION FOR GROSS PROFIT MARGIN

A

For every ₱1 of sales the company generates, it earns __ in gross profit

26
Q

INTERPRETATION FOR OPERATING PFORIT MARGIN

A

out of ₱1 net sales that the company generated in the year, the company earned __ after deducting the cost of sales and operating expenses

27
Q

INTERPRETATION FOR NET PROFIT MARGIN

A

The company earned __ for every ₱1 of net sales generated

28
Q

INTERPRETATION OF TOTAL ASSETS TURNOVER RATIO

A

For every ₱1 of assets the company has in the year, it was able to generate net sales of ___

29
Q

INTERPRETATION FOR FIXED ASSET TURNOVER RATIO

A

The company was able to generate __ net sales for every ₱1 of PPE that it has

30
Q

INTERPRETATION FOR ACCOUNTS RECEIVABLE TURNOVER RATIO and AVERAGE COLLECTION PERIOD

A

The company had an average of __ days collecting its accounts receivalbe

31
Q

INTERPRETATION FOR INVENTORY TURNOVER RATIO

A

the company took _days on average, to sell its inventories from the time they were bough

32
Q

INTERPRETATION FOR ACCOUNTS PAYABLE TURNOVER RATIO and DAYS PAYABLE

A

The average payment period of the company for its trade accounts payable was _days

33
Q

INTERPRETATION FOR CURRENT RATIO

A

for every ₱1 of current liabilities that the company has, it has _ current assests as of …

34
Q

INTERPRETATION FOR ACID TEST RATIO OR QUICK ASSET RATIO

A

for every ₱1 current liability the company has, it has _ in quick asset

35
Q

INTERPRETATION FOR DEBT RATIO

A

if less than .50 it has less liabilities as comapred to stockholders equity

36
Q

INTERPRETATION OF DEBT TO EQUITY RATIO

A

(based on debt ratio) it is expected that its debt to equity is less.than one

37
Q

INTERPRETATION FOR INTEREST COVERAGE RATIO

A

_ means that the company has more than enough operating income to cover its interest expense.

38
Q

HORIZONTAL ANALYSIS

A

change since base period = (current year amount - base year amount) / base year amount

% change = [ ( sales²⁰¹⁹- sales ²⁰¹⁸) ÷ sales ²⁰¹⁸,] × 100 %

39
Q

VERTICAL ANALYSIS

A

SFP= cash ÷ total assets × 100%

SOPL= cost of sale ÷ net sales × 100%

40
Q

STATEMENT OF PROFIT OR LOSS

A

Revenue
Cost of good sold (beg, inv. + pur - end inv)
gross profit
operating expense
operating income
Interest expense
Income before taxes
taxes
Net income

41
Q

science and art of managing money

A

finance

42
Q

deals with managing individual expenses

A

personal finance

43
Q

managing the cash of a corporation

A

corporate finance

44
Q

managaing the cash and the finanacial respurces of a government entity

A

public finance

45
Q

the act of estimating revenue (in the form of their allowance) and exepenses over a period of time

A

bugeting

46
Q

(utilization of fund) allocating resources, usually money tith the expectation of geberating an income or profit

A

investment

GR12 (5 decks)

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