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Social Science
Economics
Finance
Accounting Equations
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Terms in this set (10)
Current Ratio
current assets/current liabilities
Rate of Return on Total Assets
(net income + interest expense) / average total assets
Profit Margin Ratio
net income/net sales
Debt Ratio
total liabilities/total assets
Asset Turnover
net sales/average total assets
Accounts Receivable Turnover Ratio
net credit sales/average net accounts receivable
Gross Profit Percentage
gross profit/net sales
horizontal analysis formula
(dollar amount of change / base period amount) x 100
Vertical Analysis of Balance Sheet f
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