Shared Flashcard Set

Details

Title

Ratios

Description

Financial ratios for chapter 13

Total Cards

Subject

Accounting

Level

Undergraduate 2

Created

08/07/2008

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Additional Accounting Flashcards

Term

Current Ratio

Definition

Current Assets
Current liabilities

Term

Inventory turnover ratio

Definition

Cost of goods sold
Average inventory

Term

Debt to total assets ratio

Definition

Total liabilities
Total assets

Term

Times interest earned ratio

Definition

Net income + Inverest expense + Tax expense
Interest expense