Ratios -Profitablity And Equity Flashcards
1
Q
Asset Turnover
A
Sales/Average Total Assets
2
Q
Book Value per Share
A
Total Owners Equity/# of shares outstanding
3
Q
Rate of Return on Assets
A
Net Income/average total assets
4
Q
Successful use of leverage is evidenced by a:
A
Rate of return on investment greater than the cost of debt
