FORMULAStest1 - Days Inventory Held = Inventory / Average...

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THIS WILL BE PROVIDED ON TEST DAY. DO NOT BRING TO CLASS FORMULAS: ( 29 t t t r FV PV + = 1 ( 29 t t r PV FV + = 1 ( 29 ( 29 ( 29 PMT r r r PV t t t ) ( 1 1 1 + - + = ( 29 ( 29 PMT r r FV t t ) ( 1 1 - + = Amortization: Interest Paid in a Period = Beginning Balance * Monthly Interest Rate Principal Reduction = Payment – Interest Paid Remaining Balance = Present Value of all Remaining Payments 1 1 - + = m m APR EAR Current ratio = Current assets / Current liabilities Quick or Acid-Test Ratio = (Current assets – Inventory) / Current liabilities Average collection period = Net accounts receivable / Average daily sales
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Unformatted text preview: Days Inventory Held = Inventory / Average Daily Cost of Sales Total Asset Turnover = Net sales / Total assets Debt to equity = Total liabilities / Shareholder equity Times Interest Earned = Operating Profit / Interest expense Gross Profit Margin = Gross Profit / Net sales Operating profit margin = operating profit / Net sales Net Profit margin = Net earnings / net sales PE ration = Price per share / Earnings per share Market-to-book = market capitalization / shareholder equity...
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