Unit 7 Equations Flashcards
1
Q
ROCE
A
Operating profit(or net profit
—————————————— X100
Total Equity + NCL
(Capital employed)
2
Q
Current ratio
A
Current assets
———————-
Current liabilities
3
Q
Gearing ratio
A
NCL
————————
Total equity+ NCL
4
Q
Gearing ratio
A
NCL
————————
Total equity+ NCL
5
Q
Receivable days
A
Trade receivables
————————- X365
Revenue(sales)
6
Q
Payable days
A
Trade payables
———————- X365
Cost of sales
7
Q
Inventory turnover
A
Costs of goods sold
——————————-
Average inventories held
8
Q
ARR
A
Average annual return£
——————————-
Investment£
