Formulas Flashcards
1
Q
Basic Earnings Per Share
A
Weighted Avg Common stock
2
Q
Diluted Earnings Per Share
A
Outstanding Shares + Diluted Shares
3
Q
Current Ratio
A
Current Liabilities
4
Q
Acid Test Ratio
A
Current liabilities
5
Q
Inventory Turnover
A
Avg Inventory
6
Q
Accounts Receivable Turnover
A
Avg Accounts Receivable
7
Q
Cost of Goods Sold Equation
A
Beg Inventory \+ Purchases - Ending Inventory ----------------------------- Cost of Goods Sold
8
Q
Times Interest Earned
A
Interest Expense
9
Q
Price To Earnings Ratio
A
Basic EPS
10
Q
Return on Owners Equity
A
Avg Stockholders Equity
11
Q
Book Value Per Common stock
A
# outstanding Common Stock Shares
12
Q
Times Preferred Dividend
A
Annual Preferred Dividend Obligation
13
Q
Return on Total Assets
A
Avg Total Assets
14
Q
Operating Cycle Length
A
Days in Operating cycle
15
Q
Income Statement Items
A
IDA
Continuing Operations
Discontinued Operations
Cumulative effect of Change in Accounting Principle
