Formula 440

Formula 440 - Evaluation of Financial Policy FRL 440...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Evaluation of Financial Policy FRL 440 Formula Sheet Prepared by P. Sarmas Cash Flow from Assets = Cash Flow to Creditors + Cash Flow to Stockholders Operating Cash Flow Interest Paid Dividend Paid - Net Working Capital - Net New Borrowing - Net New Equity - Net Capital Spending Cash Flow to Creditors Cash Flow to Stockholders Cash Flow from Assets EBIT Ending Net Fixed Assets + Depreciation - Beginning Net Fixed Assets - Taxes + Depreciation . Operating Cash Flow Net Capital Spending Ending Net Working Capital (CA – CL) - Beginning Net Working Capital (CA-CL) Change in Net Working Capital Ending L.T. Debt Ending Equity - Beginning L.T. Debt - Beginning Equity Net New Borrowing - Addition to Retained Earnings Net New Equity Income Taxable Liability Tax Rate Tax Average = s Liabilitie Current Assets Current Ratio Current = s Liabilitie Current s Inventorie - Assets Current Ratio Quick =
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
s Liabilitie Current Cash Ratio Cash = Assets Total Equity Total - Assets Total Assets Total Debt Total Ratio Debt Total = = Equity Total Debt Total Ratio Equity - to - Debt = Interest EBIT Earned Interest Time = Interest on Depreciati EBIT Ratio Coverage Cash + = T - + + + = 1 Funds Sinking Pmt. Lease Interest Pmt. Lease EBIT Ratio Coverage Charge Fixed TA D E D EM or - = + = = 1 1 1 Equity Assets Total Multiplier Equity Assets Total Sales Turnover Assets Total = Assets Fixed Net Sales Turnover Assets Fixed =
Background image of page 2
Inventory Sold Goods of Cost Inventory Sales Turnover Inventory OR = 365 Sales s Receivable DSO or ACP = Sales Income Net (ROS) Margin Profit
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/03/2011 for the course ECON 490 taught by Professor Professorjohns during the Spring '09 term at Liberty.

Page1 / 11

Formula 440 - Evaluation of Financial Policy FRL 440...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online