Formulas Flashcards Preview

FAR > Formulas > Flashcards

Flashcards in Formulas Deck (21):
1

Basic Earnings Per Share

Net Income - (Preferred Stock Dividends)
-----------------------------------------------------
Weighted Avg Common stock

2

Diluted Earnings Per Share

Total Income - (Preferred Stock Dividends)
------------------------------------------------------
Outstanding Shares + Diluted Shares

3

Current Ratio

Current Assets
-------------------------
Current Liabilities

4

Acid Test Ratio

Cash (and Equivalents) + Accounts Receivable + Short term Securities
---------------------------------------------
Current liabilities

5

Inventory Turnover

COGS
--------------
Avg Inventory

6

Accounts Receivable Turnover

Net Credit Sales
------------------------
Avg Accounts Receivable

7

Cost of Goods Sold Equation

Beg Inventory
+ Purchases
- Ending Inventory
-----------------------------
Cost of Goods Sold

8

Times Interest Earned

Net Income + Interest Expense + Income tax Expense
----------------------------------------------------------
Interest Expense

9

Price To Earnings Ratio

Market Price for common Share
-----------------------------------------
Basic EPS

10

Return on Owners Equity

Net Income
---------------------------
Avg Stockholders Equity

11

Book Value Per Common stock

Common Shareholders Equity
------------------------------------
# outstanding Common Stock Shares

12

Times Preferred Dividend

Net Income
----------------------
Annual Preferred Dividend Obligation

13

Return on Total Assets

Net Income + Interest Expense(net Tax)
----------------------------------------------
Avg Total Assets

14

Operating Cycle Length

Days Sales in AR + Days in Inventory
-----------------------------------------------
Days in Operating cycle

15

Income Statement Items

IDA

Continuing Operations
Discontinued Operations
Cumulative effect of Change in Accounting Principle

16

Acquisition Adjustments

CAR IN BIG

Common stock
APIC
Retained Earnings

Investment in Subsidiary
non controlling interest created

Balance Sheet adjusted to Fair value
intangible assets of Sub recorded at Fair value
Goodwill

17

Pension Expense Components

SIR AGE

Current Service Cost
Interest Cost
Return on plan assets

Amortization of Prior service cost
Gains and Losses
Amortization of Existing net obligation or net assets

18

Sale of Notes Receivable

Maturity Value of Note
- Discount (Face value X Interest Rate X months left)
-----------------------------------------------
Proceeds on Note

19

Gross margin Percentage

Margin on Cost

(Sales - Cost of Goods Sold)
--------------------------------
Sales

(Sales - Cost of Goods Sold)
--------------------------------
Cost of Goods Sold

20

Units of Production (depreciation)

(Current Units / Total Expected Units)

X

(Original Cost -Salvage)

21

Sum Of Years Digits

Amount ((Years left) / (breakdown of years like 5,4,3,2,1))