F2: Financial Reporting and Disclosure Flashcards
1
Q
DuPont Return on Assets
A
Net Income / Ave Total Assets
2
Q
Define working capital
A
Current Assets - Current Liabilities
3
Q
Current Ratio
A
Current assets / Current Liabilities
4
Q
Quick Ratio
A
Cash and Cash Equiv + Short Term Marketable Securities + Receivables (net) / Current Liabilities (another words remove inventory from the calculation).
