Shared Flashcard Set

Details

Chapter 5
Analysis of Financial Statements
17
Accounting
Graduate
04/22/2007

Additional Accounting Flashcards

 


 

Cards

Term
Profit Margin Ratio
Definition
Net Income / Net Sales
Term
Gross Margin Ratio
Definition
Gross Profit / Net Sales
Term
Asset Turnover Ratio
Definition
Net Sales / Average Total Assets
Term
Return on Assets
Definition
Net Income / Average Total Assets (OP)
Term
Return on Equity
Definition
Net Income / Avg. Shareholder's Equity (OP)
Term
Earnings Per Share
Definition
Net Income Available For Common Shares / Average Number of Common Shares Outstanding (OP)
Term
Price / Earnings Ratio
Definition
Market Price Per Share / Earnings Per Share (OP)
Term
Payout Ratio
Definition
Dividends / Net Income (OP)
Term
Times Interest Earned
Definition
Profit Before Interest & Taxes / Interest (OP)
Term
Working Capital
Definition
Current Assets - Current Liabilities (Liquidity)
Term
Current Ratio
Definition
Current Assets / Current Liabilities (Liquidity)
Term
Quick Ratio
Definition
Cash, Marketable Securities & Accounts Receivable / Current Liabilities (Liquidity)
Term
Receivables Turnover
Definition
Net Sales / Average Accounts Receivable (Liquidity)
Term
Operating Cycle
Definition
Days Inventory + Days Receivable (Liquidity)
Term
Acct. Payable Turnover
Definition
Purchases / Average Accounts Payable (Liquidity)
Term
Debt to Total Assets Ratio
Definition
Total Liabilities / Total Assets (Financial Strength)
Term
Stockholder's Equity to Assets
Definition
Stockholder's Equity / Total Assets (Financial Strength)
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