Formulas Flashcards by Steve Robertson

Q

Current Yield

A

Annual Income
———————
Market Price

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Q

Conversion Ratio

A

Par
_____________
Conv. Price

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Q

Conversion Price

A

Par
_______
Conv. Ratio

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Q

Parity Price of Bond

A

Market Price x Conv. Ratio

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Q

Parity Price Stock

A

Market Price
_______
Conv. Ratio

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Q

Tax-Free Equivalent Yield

A

Corp. Yield x (100 - Tax Bracket)

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Q

Taxable Equivalents Yield

A

Muni Yield
_________
100 - Tax Bracket

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Q

Long Margin Value

A

LMV - Debit = Equity

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Q

Short Margin Value

A

Credit - SMV = Equity

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Q

POP in dollars

A

NAV + Sales charge

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Q

POP in %

A

NAV
_______
100 - Sales charge %

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Q

Net Working Capital

A

Current Assets - Current Liabilities

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Q

Current Ratio
(Financial Analysis)

A

Current Assets
_________
Current Liabilities

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Q

Acid Test

A

Current Assets - Inventory
____________
Current Liabilities

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Q

Earnings Per Share (EPS)

A

Net Earnings
_________
Outstanding Shares

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Q

Price per Earnings Ratio
(P/E)

Study These Flashcards

A

Market Price
__________
Earnings per Share