Formulas

Question 0

Current ratio

Answer 0

CA/CL

Question 1

Working cap

Answer 1

CA - CL

Question 2

Acid test ratio

Answer 2

(Cash equiv + mkt sec + net rec)/CL

Question 3

Cash ratio

Answer 3

(Cash equivalent + mkt sec)/CL

Question 4

AR T/O

Answer 4

Net cr sales/avg net rec

Question 5

AR T/O in days

Answer 5

365/AR T/O

Question 6

Inv T/O

Answer 6

COGS/avg inv

BI
+ purch
COGS
= EI

Question 7

Inv T/O in days

Answer 7

365/inv T/O

Question 8

Operating cycle

Answer 8

AR T/O in days + inv T/O in days

Question 9

Working cap T/O

Answer 9

Sales/avg working cap

Question 10

TAT

Answer 10

Net sales/avg TA

Question 11

AP T/O

Answer 11

COGS/avg AP

Question 12

Days in AP

Answer 12

Avg AP/(COGS/365)

Question 13

Net PM

Answer 13

NI/net sales

Question 14

Return on TA

Answer 14

NI + int exp/avg TA

Question 15

Return on assets

Answer 15

Net PM * TAT

NI/net sales) * (net sales/avg TA

Question 16

ROI

Answer 16

(NI + int exp (1-T))/avg (LTL + eq)

Question 17

Return on common equity

Answer 17

NI - pref div/avg CSE

Question 18

Net op margin %

Answer 18

Net op inc/net sales

Question 19

Gross PM %

Answer 19

Gross PM/net sales

Gross PM = net sales - COGS

Question 20

Op cash flow per share

Answer 20

Op cash flow/CS outstanding

Question 21

Degree of fin leverage

Answer 21

EBIT/EBT

Question 22

EPS

Answer 22

(NI - PS div)/WACSO

Question 23

P/E ratio

Answer 23

Mkt price per share/diluted EPS

Question 24

Div payout ratio

Answer 24

Div per common share/diluted EPS

Question 25

Dividend yield

Answer 25

Div per CS/mkt price per CS

Question 26

BV per share

Answer 26

(Total SHE - PS)/CS out

Question 27

D/E ratio

Answer 27

Total liab/CSE

Question 28

Debt ratio

Answer 28

TL/TA

Question 29

TIE

Answer 29

Recurring inc before tax & int/int

Question 30

Op CF to total debt

Answer 30

OCF/total debt