Shared Flashcard Set

Details

Final Exam
Ratio Note Cards
16
Accounting
Undergraduate 3
12/09/2014

Additional Accounting Flashcards

 


 

Cards

Term
Current Ratio
Definition
Current Assets / Current liabilities
Term
Acid Test Ratio
Definition
Current Assets (except inventory and prepaid) / Current Liabilities
Term
A/R Turnover Ratio
Definition
Net Credit Sales / Average Accounts Revievable
Term
Debt-to-Equity Ratio
Definition
Total Liabilities / Total Stockholders Equity
Term
Gross Profit Ratio
Definition
Gross Profit / Net Sales
Term
Earnings Per Share
Definition
Net Income - Preferred Dividends / weighted average number of common shares outstanding
Term
Pruce / Earnings Ratio
Definition
Current Market Price / Earnings Per Share
Term
Return on Assets Ratio
Definition
Net Income + Interest Expense, net of tax / Average total assets
Term
Asset Turnover Ratio
Definition
Net Sales / Average total assets
Term
Dividend Payout Ratio
Definition
common dividends per share / earnings per share
Term
Dividen Yield Ratio
Definition
Common dividends per share / Market price per share
Term
Debt Service Coverage Ratio
Definition
Cash Flow from Operations before Interest and Tax / Interest and principal payments
Term
Convertible
Definition
allows preferred stock to be exchanged for common stock
Term
Redeemable
Definition
allows stockholders to sell stock back to the company
Term
callable
Definition
allows the firm to eliminate a class of stock by paying the stockholders a specified amount
Term
Participating
Definition
allows preferred sto
Supporting users have an ad free experience!