Formula Flashcards
Balance Sheet
Assets = Liabilities + Stockholder Equity
Income Statement
Revenue - Expenses
Retained Earnings Ending
Retained Earnings bb + Net Income - Dividends
Current Ratio
Current Assets /
Current Liabilities
Earnings per share (EPS)
(Net Income - Dividends) /
(Weighted Average # of Common Shares Outstanding)
Net Profit
Net Sales - COGS
Interest
I = Principal * Rate * Time
Total Asset Turnover Ratio
Net Sales / Average Total Sales
Debt to Asset Ratio
Total Liabilities /
Total Assets
Debt to Equity Ratio
Total Liabilities /
Shareholders Equity
Working Capital
Current Assets - Current Liabilities
AFDA EB 1
Credit Sales * Bad Debt Rate
AFDA EB 2
AFDABB + Bad Debt Expense - Write Offs
Net AR
AReb - AFDAeb
A/R Turnover
Net Sales /
Avg Net A/R
Days to Collect A/R
365 / A/R Turnover
Inventory/Full COGS
BI + P = COGAS - EI = COGS
BI = Beginning Inventory
P = Purchased
COGAS = Cost of goods available for sale
COGS = Cost of goods sold
Net Profit Margin
Net Sales - COGS
Inventory Turnover Ratio
COGS / Avg Inventory
Days to sell inventory
365 / Inventory turnover ratio
Average Cost for Inventory
COGAS /
Total units available for sale
Acquisition/ Historical Cost
Purchase Price + additional costs to get the asset ready
Depreciable Base
Historical Cost - Salvage Value
salvage value = $ sold for
Net PP&E
PP&E - Accumulated Depreciation
Units of production depreciation method
(Cost - Salvage Value) /
Total est. units produced
Straight Line Depreciation Method
(Cost - Salvage Value) /
useful life
Double Declining Depreciation Method
Prior Book Value * (2*(1/Useful life)) = Depreciation Expense,
Book Value EB = PBV - DE
Impairment Loss
Book Value - Fair Value
Goodwill
Purchase Price - Net Assets
Net Assets
Assets - Liabilities
Fixed asset turnover
Net Sales / Avg net fixed assets
Net Profit
Net sales - COGS
Net Sales
Sales Revenue - Discounts
AP Turnover Ratio
COGS / Avg AP
Average days to pay AP
365 / AP Turnover
TVM In Excel-Present value
PV(I,N,PMT,FV)
TVM In Excel-Future Value
FV(I,N,PMT,PV)
Bond interest paid
Par Value * Coupon Rate * Time
Bond Interest Expense
Book Value * Market Rate * Time
Bond Amortization
ABS (BIP - BIE)
Premium Bond
Stated Rate > Market Rate
Bond at Par
Stated Rate = Market Rate
Discount Bond
Stated Rate < Market Rate
PV of Principal
PV(Market Rate, N, FV)
PV of Interest
PV(Market Rate, N, PMT)
PMT = (Par Value * Stated Rate * Time)
Issued Shares
Outstanding Shares + Treasury Shares
$ Value a company receives when issuing stock
Market Value * # of shares sold
Par Value of stock
Par value * # of shares sold
APIC: Additional Paid in Capital
(Market Value * # of shares Sold) - (Par value * # of shares sold)
Total Change in Cash
Operating + Investing + Financing Activities
Cash Ending Balance
Cash BB + Total Change in Cash
Quality of Income Ratio
Cash flow from operations /
Net Income
