Chapter 14 Accounting equations
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Created by:
nadimaally on April 17, 2011
Description:
Exam 3
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7 terms
Terms | Definitions |
|---|---|
 Working Capital | Current Assets - Current Liabilities |
| Current Ratio | Current Assets/ Current Liabilities |
| Quick Ratio | cash+short term investments+Net receivable) / Current Liab |
| Debt Ratio | Total Liab/ Total Assets Measures the number of assets financed with debts |
| Return on Sales | NI/ Net Sales shows the percentage of each sales dollar earned as net income |
| Return on Equity | NI-PD declared/ Avg Common SE Used to calculate earnings in relation to $$ invested by common stockholders |
| Earnings per share | NI-PD/ Avg # of Common Shares outstanding Amount of net income earned for each share of outstanding stock. |
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