act-61 - Rate Earned on Average Total Rate Earned on...

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Unformatted text preview: Rate Earned on Average Total Rate Earned on Average Total Assets s s (January 1 Total assets + December 31 Total Assets) / 2 = Average Total Assets Net Income after Federal Income Tax / Average Total Assets = Rate Earned On Average Total Assets Rate Earned on Average Rate Earned on Average Stockholders Equity January 1 Stockholders’ Equity+ December 31 Stockholders’ Equity/ 2= Average Stockholders’ Equity s Net Income after Federal Income Tax / Average Stockholders’ Equity = Rate Earned on Average Stockholders Equity s Rate Earned on Net Sales Rate Earned on Net Sales s Net Income after Federal Income Tax / Net Sales = Rate Earned on Net Sales Earnings per Share Earnings per Share s Net Income after Federal Income Tax / Shares of Capital Stock Outstanding = Earnings per Share Price­Earnings Ratio Price­Earnings Ratio s Market Price per Share / Earnings per Share = Price­Earnings Ratio Accounts Receivable Accounts Receivable Turnover Ratio (Beginning Book Value of Accounts Receivable + Ending Book Value of Accounts Receivable) / 2 = Average Book Value of Accounts Receivable s Net Sales / Average Book Value of Accounts Receivable = Accounts Receivable Turnover Ratio s Average Number of Days for Payment Average Number of Days for Payment s Days in Year / Accounts Receivable Turnover Ratio = Average Number of Days for Payment Merchandise Inventory Merchandise Inventory Turnover Ratio (Jan 1 Merchandise Inventory + Dec 31 Merchandise Inventory) / 2 = Average Merchandise Inventory s Cost of Merchandise Sold / Average Merchandise Inventory = Merchandise Inventory Turnover Ratio s Working Capital Working Capital s Total Current (prior) Assets – Total Current (prior) Liabilities = Working Capital Current Ratio Current Ratio s Total Current (prior) Assets / Total Current (prior) Liabilities = Current Ratio Acid­Test Ratio Acid­Test Ratio s Total Quick (cash and accounts receivable) / Total Current Liabilities = Acid – Test Ratio Debt Ratio Debt Ratio s Total Liabilities / Total Assets = Debt Ratio Equity Ratio Equity Ratio s Total Stockholders’ Equity / Total Assets = Equity Ratio Equity Per Share Equity Per Share s Total Stockholders’ Equity / Shares of capital Stock Outstanding = Equity per Share THE END THE END Done By Tamara Wiley ...
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This note was uploaded on 07/17/2011 for the course ACCT 102 taught by Professor Martinez during the Summer '11 term at Rio Hondo College.

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