Other formula (equation test) Flashcards
1
Q
Net Current Assets
A
Current Assets-Current Liabilities
2
Q
Net assets
A
Non-Current assets + Net current assets-Long term Liabilities
3
Q
Balance sheet
A
Net Assets = Capital Employed
4
Q
Gross profit margin
A
Gross Profit/revenue x100
5
Q
Mark-up
A
Gross Profit/Cost of Sales x100
6
Q
Profit margin(Net Profit)
A
Profit/Revenue x100
7
Q
Return on capital employed
A
Profit/Capital Employed x100
8
Q
Current ratio
A
Current Assets/Current Liabilities
9
Q
Liquid capital ratio
A
Current Assets - Inventory/Current Liabilities
10
Q
Trade receivable days
A
Trade Receivables/Credit sales x365
11
Q
Trade payables days
A
Trade Payables/Credit Purchases x365
12
Q
Inventory turnover
A
Average Inventory/Cost of sales x365
