Formulas Flashcards
1
Q
Net Assets
A
Assets - Liabilities
2
Q
Return on Assets (ROA)
A
Net Income / Total Assets
3
Q
Return on Equity (ROE)
A
Net Income / Stockholders’ Equity
4
Q
Working Capital
A
Current Assets - Current Liabilities
5
Q
Current Ratio
A
Current Assets / Current Liabilities
6
Q
Acid-Test (Quick) Ratio
A
(Cash + A.R.) / Current Liabilities
7
Q
Debt-To-Equity Ratio
A
Total Debt / Total Equity
8
Q
Debt Ratio
A
Total Debt / Total Assets
9
Q
Accounts Receivable Turnover
A
Sales / A.R.
10
Q
Inventory Turnover
A
COGS / Inventory
11
Q
Book Value
A
Cost - Accumulated Depreciation
12
Q
Ending Bad Debt Allowance
A
Beginning Allowance + Bad Debt Expense - Write-offs
13
Q
Net Realizable Value of A.R.
A
A.R. - Allowance for Bad Debt
14
Q
Bad Debt Expense
A
Ending Bad Debt Allowance - Beginning Bad Debt Allowance + Write-offs
