ACCT 209 Equations

Created by chrmartinez27 

Upgrade to
remove ads

FINAL EXAM!!!!

Current Ratio

current assets / current liabilities

Acid Test (or quick) ratio

(cash + marketable securities + AR) / current liabilities

AR = accounts receivables

Accounts Receivable Turnover

net sales / average accounts receivable

Average Days to collect Receivables

365 / accounts receivable turnover

Inventory Turnover

COGS / average inventory

COGS = cost of goods sold

# times interest earned

(net income + interest expense + income tax expense) / interest expense

Debt to Equity Ratio

total liabilities / total stockholder's equity

Return on Common Equity

(net income - preferred dividends) / average common stockholder's equity

Return on Assets

(net income + interest expense) / average total assets

Working Capital

current assets - current liabilities

Please allow access to your computer’s microphone to use Voice Recording.

Having trouble? Click here for help.

We can’t access your microphone!

Click the icon above to update your browser permissions above and try again

Example:

Reload the page to try again!

Reload

Press Cmd-0 to reset your zoom

Press Ctrl-0 to reset your zoom

It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.

Please upgrade Flash or install Chrome
to use Voice Recording.

For more help, see our troubleshooting page.

Your microphone is muted

For help fixing this issue, see this FAQ.

Star this term

You can study starred terms together

NEW! Voice Recording

Create Set