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Universities » Oklahoma State University (OSU) » ACCT - Accounting » 2103 - FINANCIAL ACCOUNTING » Flash Cards

Final Exam - Flashcards

Flashcard Deck Information

Class:ACCT 2103 - FINANCIAL ACCOUNTING
Subject:Accounting
University:Oklahoma State University - Stillwater
Term:Unknown
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Receivable Turnover Ratio Credit Sales divided by Average net receivables High ratio
Average collection period 365 days divided by Receivable turnover ratio Low ratio
Inventory turnover ratio Cost of goods sold divided by average inventory High ratio
Average days in inventory 365 days divided by inventory turnover ratio Low ratio
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Current ratio Current assets divided by current liabilities High ratio
Acid-test ratio Cash, net receivables, and current investments divided by current liabilities High ratio
Debt to equity ratio Total liabilities divided by total stockholders' equity Low ratio
Times interest earned ratio Net income, interest paid, and tax espense divided by interest expense High ratio
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Gross profit ratio Gross profit divided by sales High ratio
Return on assets Net income divided by average total assets High ratio
Profit margin Net income divided by sales High ratio
Asset turnover Sales divided by average total assets High ratio
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Return on equity Net income divided by average stockholders' equity High ratio
Price-earnings ratio Stock price divided by earnings per share High ratio
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 Receivable Turnover RatioCredit Sales divided by Average net receivables


High ratio
 Average collection period365 days divided by Receivable turnover ratio


Low ratio
 Inventory turnover ratioCost of goods sold divided by average inventory


High ratio
 Average days in inventory365 days divided by inventory turnover ratio


Low ratio
 Current ratioCurrent assets divided by current liabilities


High ratio
 Acid-test ratioCash, net receivables, and current investments divided by current liabilities


High ratio
 Debt to equity ratioTotal liabilities divided by total stockholders' equity


Low ratio
 Times interest earned ratioNet income, interest paid, and tax espense divided by interest expense


High ratio
 Gross profit ratioGross profit divided by sales


High ratio
 Return on assetsNet income divided by average total assets


High ratio
 Profit marginNet income divided by sales


High ratio
 Asset turnoverSales divided by average total assets


High ratio
 Return on equityNet income divided by average stockholders' equity


High ratio
 Price-earnings ratioStock price divided by earnings per share


High ratio
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