Shared Flashcard Set

Details

ACC Ratios
Miami University ACC 221 Ratios
20
Accounting
Undergraduate 1
04/28/2011

Additional Accounting Flashcards

 


 

Cards

Term

DuPont Return on Sales 

(Profitability) 

Definition
Net Income/ Sales
Term

DuPont Asset Turnover

(Efficiency)

Definition
Sales/ Total Assets
Term

DuPont Assets to Equity 

(Leverage)

Definition

Total Assets/ Total Stockholders' Equity

 

Term
Dupont Return on Equity
Definition
Net Income/ Total Stockholders' Equity
Term
DuPont Return on Assets
Definition
Net Income/ Total Assets
Term
Working Capital
Definition

Current Assets

-Current Liabilities

= Working Capital

Term
Current Ratio
Definition
Current Assets/ Current Liabilities
Term
Quick Ratio
Definition

Cash+Accounts Receivable+Marketable Securities/

Current Liabilities

Term
Times Interest Earned
Definition

Earnings before Interest and Taxes/

Interest Expense

Term
Debt Ratio
Definition

Total Liabilities/

Total Assets

Term
Debt-to-Equity Ratio
Definition

Total Liabilities/ 

Stockholders Equity

Term
Number of Days Sales in Receivables
Definition

Avg. Accts. Rec./

Avg. Daily Sales

Term
Number of Days Sales in Inventory
Definition

Avg. Inventory/

Avg. Daily Cost of Goods Sold

Term
Fixed Asset Turnover
Definition

Sales/

Avg. Fixed Assets

Term
Cash Flow to Net Income
Definition

Cash from Operating Activities/

Net Income

Term
Cash Flow Adequacy
Definition

Cash from Operating Activities/

Cash used to purchase:

Buildings+Equipment+Land+Other Fixed Assets+

Acquisitions of New Businesses

Term
Earning per Share
Definition

Net Income/

Avg. Common Shares Outstanding

Term
Dividend Payout Ratio
Definition

Cash Dividends/

Net Income

Term
Price-Earnings Ratio
Definition

Market Price of 1 Share/

Earnings per Share

Term
Market-to-Book Value Ratio
Definition

Market Value/

Book Value

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