Shortcut Solutions Flashcards
1
Q
CREDITS
GIRLS
A
- Gains
- Income
- Revenues
- Liabilities
- Stockholders Equity
2
Q
Debt to Equity Ratio
A
Total Liabilities/Equity
3
Q
Return on Assets (ROA)
A
Net income/Avg total assets
4
Q
Profit Margin
A
Net income/Sales
5
Q
Total Assets Turnover
A
Sales/Avg. total assets
6
Q
Return on Equity (ROE)
A
Net Income/Avg Shareholders Equity
7
Q
Leverage
A
Avg Total Assets/Avg Shareholders equity
8
Q
Working capital = c
A
Current Assets -current liabilities
9
Q
Working capital Ratio or Current Ratio
A
Current Assets/current liabilities
10
Q
Acid Test Ratio or Quick Ratio
A
Cash + (Net receivables) + Marketable securities /current liabilities
11
Q
DEBITS
DEAL
A
- Dividends
- Expenses
- Assets
- Losses
12
Q
Cash to Accrual
A
🔼Cash = - 🔼L + 🔼OA
13
Q
Accrual to Cash
A
🔼Cash = 🔼L +🔼E - 🔼OA