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Jeopardy Questions

# Jeopardy Questions - JeopardyQuestions Assets=...

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Jeopardy Questions Assets = _______ + _______  Assets = Liabilities + Owner’s Equity  What is the current ratio formula? Current Ratio: Current Assets/Current Liabilities What is the formula for the inventory turnover ratio? Inventory Turnover: COGS/Inventory Net Working Capital or NWC= _______ - _______ NWC: Current Assets-Current Liabilities What does OIROI stand for and what is its formula? OIROI: “Operating Income Return on Investment” OIROI: Operating Income/Total Assets A net margin of 5% means that for every dollar of sales, how much money drops to the bottom  line/makes it to net income? \$0.05 The Quick Ratio is a more stringent definition of liquidity since it does not consider____________,  the least liquid current asset. Inventory The _______________ ratio calculates how many dollars of sales the firm generates per dollar of  assets it owns. Total Asset Turnover One minus the ___________ ratio will show the proportion of the firm's assets that have been  financed with equity.

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