formula for midterm 1 Flashcards
1
Q
Seymour’s rule
A
A = L + SE
2
Q
NET INCOME
A
Revenue - Expenses
3
Q
end of retained earnings
A
beginning retained earnings + net income - dividends
4
Q
ending cash balance
A
CFO + CFI + CFF
5
Q
market to book ratio
A
market to book ration = MV (price x #of common shares outstanding) / BV (total SE from the balance sheet)
6
Q
EPS (earnings per share)
A
EPS (earnings per share) = (net income - dividends) / weighted # of shares outstanding
7
Q
analyst forecast error
A
analyst forecast error = actual EPS - forecasted EPS
8
Q
Retained earnings
A
revenues - expenses - dividends
9
Q
net profit margins
A
net income / net sales (operating revenues)
10
Q
total asset turnover ratio (TATA)
A
NET SALES / AVERAGE Total assets (beginning balance + ending balance)/2
