Formulas For Acc 240 Exam 3[1]

Formulas For Acc - EPS= Net Income/Average Number of Shares Outstanding ROE= Net Income/Average Stockholders’ Equity P/E ratio= Current stock

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Formula sheet For Acc 240 Exam # III Fixed asset Turnover = Net Sales Revenue/Average Net Fixed Assets Quick Ratio= Cash +Short-term Investment+ Accounts receivable, net/Current Liabilities TIE Ratio= Net Inc. + Int. Exp. +Inc. Tax/Int. Exp.
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Unformatted text preview: EPS= Net Income/Average Number of Shares Outstanding ROE= Net Income/Average Stockholders’ Equity P/E ratio= Current stock Price per share/EPS (Annual)...
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This note was uploaded on 02/01/2011 for the course ACC 240 taught by Professor Lewis during the Fall '08 term at Eastern Michigan University.

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