Shared Flashcard Set

Details

Econ3a Liquidity Ratios
Liquidity Ratios for Econ3a @ UCSB Fall 2011
7
Accounting
Undergraduate 2
11/30/2011

Additional Accounting Flashcards

 


 

Cards

Term
Working Capital
Definition
Current Assets - Current Liabilities
Term
current ratio
Definition
current assets / current liabilities
Term
current cash debt coverage ratio
Definition
cash provided by oeprations / average current liabilities
Term
inventory turnover ratio
Definition
cost of goods sold / average inventory
Term
days in inventory
Definition
365 days / inventory turnover ratio
Term
receivables turnover ratio
Definition
net credit sales / average net receivables
Term
average collection period
Definition
365 days / receivables turnover ratio
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