Formula sheet for FIN300 Midterm Exam - Current Ratio =...

This preview shows page 1 - 2 out of 4 pages.

Current Ratio = Current Assets/Current Liabilities Quick (or Acid-Test) Ratio = (Current Assets – Inventory)/Current Liabilities Cash Ratio = (Cash + Cash Equivalents)/Current Liabilities Net Working Capital to Total Assets = Net Working Capital/Total Assets Net working Capital = Current Assets – Current Liabilities 중요 : Book Value CA = NWC+CL Book Value Assets = BVCA+BVNFA Same as Market Value Assets However, 주로 MVCA & MVNFA 주어짐 ( 문제에서 ) Change in NWC = NWC(END) – NWC(BGN) = (CA(END) – CL(END)) – (CA(BGN) – CL(BGN)) Operating Cash Flow = EBIT + Depreciation – Taxes Net Capital Spending = NFA(END)-NFA(BGN)+Depreciation Cash Flow from Assets = OCF – Change in NWC – Net capital spending Cash Flow to Creditors = Interest Paid – Net new Borrowing (LTD(END) – LTD(BGN)) 중요 : Net NEW LONG-TERM DEBT = Negative (If repaid or redeemed) Cash flow to shareholders = Dividends paid – Net new equity (CS(END) – CS(BGN)) Interval Measure = Current Assets/Average Daily Operating Costs Total Debt Ratio = [Total Assets – Total Equity]/Total Assets Debt/Equity Ratio = Total Debt/Total Equity Equity Multiplier = Total Assets/Total Equity Long-term Debt Ratio = Long-term Debt/(Long-term Debt + Total Equity) Times Interest Earned Ratio = EBIT/Interest Cash Coverage Ratio = [EBIT + Depreciation]/Interest Inventory Turnover = COGS/Inventory Days’ Sales in Inventory = 365 Days/Inventory Turnover Payables Turnover = COGS/Accounts Payable Days’ Sales in Payables = 365 Days/Payable Turnover Receivables Turnover = Sales/Accounts Receivable Days’ Sales in Receivables = 365 Days/Receivables Turnover NWC Turnover = Sales/NWC Fixed Asset Turnover = Sales/Net Fixed Assets Total Asset Turnover = Sales/Total Assets Profit Margin = Net Income/Sales Gross Profit Margin = (Sales – COGS)/Sales Operating Profit Margin = (Sales - COGS – SGA)/Sales SGA = Selling, General and Administrative Expenses Return on Assets = Net Income/Total Assets or Profit Margin * Total Assets Turnover Return on Equity = Net Income/Total Equity Net Income = Addition to RE + Dividends EPS = Net Income/Shares Outstanding Dividend per Share = Dividends/# of shares Book Value per Share = TTL Common Stockholder’s Equity (Total Owner’s Equity)/# of Common Shares

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture