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JAMISON CFP CARDS > Ratios > Flashcards

Ratios Flashcards

1
Q

Consumer Debt

A

NON-HOUSING CONSUMER DEBT / NET INCOME (LIMIT 20%)

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2
Q

Housing Cost

A

PITI / GROSS INCOME (LIMIIT 28%)

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3
Q

Total Debt

A

CONSUMER DEBT + PITI / GROSS INCOME (LIMIT 36%)

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4
Q

Current Ratio

A

Current Assets / Current Liabilities

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5
Q

Quick Ratio

A

Current Assets
- Inventories /
Current Liabilities

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6
Q

Debt Ratio

A

Total Debt / Total Assets

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7
Q

Debt to Equity

A

Total Long Term Debt / Equity

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JAMISON CFP CARDS (8 decks)

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