Ratios Flashcards
0
Q
Debt to quity ratio
A
Total liabilities/ owner’s equity
1
Q
Current ratio formula
A
Current assets/ current liabilities
2
Q
Gross profit ratio
A
Gross profit/ sales
3
Q
Net profit ratio
A
Net profit/sales
4
Q
Return on equity ratio
A
Net profit/ total equity
5
Q
Expense ratio
A
Total expenses/ sales
6
Q
Accounts receivable turnover ratio
A
Sales/ accounts receivable
