Chapter Four Homework/Quiz Flashcards
List in order starting from income from continuing operations
income from continuing operations
discontinued operations
loss from operations of discontinued component
income tax benefit
income (loss) on discontinued operations
net income (loss)
EPS:
income from continuing operations:
loss from discontinued operations
net income (loss)
inventory turnover ratio
___ times
[COGS]/[avg inventory]
average days inventory
___ days
[365]/[inventory turnover]
receivables turnover ratio
_____ times
[net sales]/[avg AR (net)]
average collection period
____ days
[365]/[receivables turnover rato]
asset turnover ratio
2.76
[net sales]/[avg total assets]
profit margin on sales
_____%
[net income]/[net sales]
return on assets
___%
[net income]/[avg total assets]
return on equity
____%
[net income]/[avg equity]
equity multiplier
___ times
[avg total assets]/[average total equity]
return on equity (using the DuPont framework)
____%
net proft margin x asset turnover x financial leverage
financial leverage
[net income]/[total equity]
