Ratios Flashcards

1
Q

Average total assets

A

Beginning year end of year assets

divide by 2

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2
Q

Debt equity ratio

A

total liabilities

Total owners equity

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3
Q

Profit margin

A

Net income

Total revenue

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4
Q

Operating efficiency ratio

A

GOP

Total revenue

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5
Q

Capital turnover ratio

A

Current assets - current liabilities

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6
Q

Current ratio

A

Current assets

Current liabilities

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7
Q

Return on owners equity

A

Net income

Average owners equity

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8
Q

Return on assets

A

Net income

average total assets

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9
Q

Revenue per customer RevPAC

A

Total revenue hotel guest

total number of guests

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10
Q

Sales mix

A

Department revenue

total revenue

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11
Q

Acid test ratio

A

Cash, short-term investments, notes and acc. receivable

current liabilities

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12
Q

Solvency ratio

A

Total assets

Total liabilities

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13
Q

Paid occupancy

A

Rooms sold

Total available rooms

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14
Q

Average room rate

A

Total room revenue

Total rooms sold

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15
Q

Cost of sales

A

Cost of sales

Revenue

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16
Q

RevPAR

A

Rooms revenue

Available rooms