Term
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Definition
| Gross Sales - (Returns and Allowances) |
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Term
|
Definition
| Beginning Inventory + Purchases - Ending Inventory |
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Term
|
Definition
| (Debt Outstanding)*(interest rate) <-- expressed as decimal |
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Term
|
Definition
| Profit before Taxes * Tax Rate |
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Term
|
Definition
| Gross A/R - (Doubtful Accounts) |
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Term
|
Definition
| Current Assets + Net Fixed Assets |
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Term
|
Definition
| Current Liabilities + Long Term Debt |
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Term
|
Definition
| Common Stock at PAR + Additional Paid in Capital |
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Term
|
Definition
| Par Value * # of shares outstanding |
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Term
|
Definition
| Preferred Stock + Common Stock + Cumulative Retained Earnings |
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Term
|
Definition
| Gross Fixed Assets - Accumulated Depreciation |
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Term
|
Definition
| Change in NFA + Change in Accumulated Depreciation |
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Term
|
Definition
| Net Income - Dividend Payout |
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Term
| Common size Income Statement |
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Definition
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Term
| Common size Balance Sheet |
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Definition
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Term
|
Definition
Net Income
+ Depreciation
- Δ A/R
- Δ Inventories
+ Δ A/P
+ Δ Accruals
= Net cash flow from Operating |
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Term
|
Definition
Zero
- Δ Gross Fixed Assets
= Net Cash Flow From Investing |
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Term
|
Definition
Zero
+ Δ Notes Payable
+ Δ Current Portion of Long Term Debt
+ Δ Long Term Debt
+ Δ Common Stock
- Dividend
= Net CF from Financing |
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|
Term
Net Income
(Income Statement) |
|
Definition
Net Sales
- COGS
Gross Profit
- Operating Expense
Operating Income (EBIT)
-Interest Expense
Profit Before Taxes (EBT)
- Taxes
NET INCOME |
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|
Term
Total Assets
(Balance Sheet) |
|
Definition
Cash
+ Net A/R
+ Inventories
Total Current Assets
Gross Fixed Assets
- Accumulated Depreciation
Net Fixed Assets
TOTAL ASSETS |
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Term
|
Definition
Notes Payable
+ A/P
+ Accrued Expenses
+ Current Portion of LT Debt
Total Current Liabilities
+Long Term Debt
TOTAL LIABILITIES |
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Term
|
Definition
Preferred Stock
+ Common Stock
+ Retained Earnings (cumulative)
Total Equity |
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