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Details

Accounting Final
Accounting Final - Kirch
21
Accounting
Graduate
04/28/2013

Additional Accounting Flashcards

 


 

Cards

Term
Current Ratio (Working Capital Ratio)
Definition
Current Assets/Current Liabilities
Term
Return on Assets
Definition
Net Income/Average Total Assets
Term
Return on Equity
Definition
Net Income/Average Equity
Term
Debt Ratio
Definition
Total Liabilities/Total Liabilities + Owner's Equity
Term
Deb to Equity Ratio
Definition
Total Liabilities/Total Owner's Equity
Term
Inventory Turnover
Definition
COGS/Avg. Inventory
Term
Avg. Days Sales in Inventory
Definition
365/Inventory Turn
Term
Acid Test Ratio (Quick Ratio)
Definition
Current Assets-Inventory/Current Liabilities
Term
Accounts Receivable Turnover
Definition
Sales/Avg. Net Accounts Receivable
Term
Avg. Collection Period
Definition
365/Accounts Receivable Turn
Term
Earnings Per Share
Definition
Net Income/Weighted Avg. # of Shares of Common Stock
Term
Book Value per Share
Definition
Assets-Liabilities/# of shares of common stock at the end of the year
Term
Price Earnings Ratio
Definition
Market Price per share/Earnings per share
Term
Total Debt
Definition
TA-TE/TA
Term
Equity Multiplier
Definition
TA/TE or 1+Debt to Equity
Term
Times Interest Earned
Definition
EBIT/Interest
Term
Cash Coverage Ration
Definition
EBIT+Depreciation/Interest
Term
Total Asset Turnover
Definition
Sales/TA
Term
Profit Margin
Definition
Net Income/Sales
Term
Price-Sales Ratio
Definition
Price per Share/Sales per Share
Term
Market to Book Ratio
Definition
Market Value per Share
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