formulasheet

formulasheet - Formula Sheet Taxable Income $0 - 50,000...

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Formula Sheet Taxable Income Marginal Tax Rates $0 - 50,000 15% 50,001 - 75,000 25% 75,001 - 100,000 34% 100,001 - 335,000 39% 335,001 - 10,000,000 34% 10,000,001 - 15,000,000 35% 15,000,001 - 18,333,333 38% 18,333,334 + 35% Assets = Liabilities + Shareholders’ Equity Operating cash flow (OCF) = EBIT + Depreciation expense – Taxes Current ratio = Current assets / Current liabilities Net working capital = Current assets – Current liabilities Quick(Acid-test) ratio = (Current assets-Inventory) / Current liabilities Total debt ratio = Total debt/Total assets Debt-Equity ratio = Total debt/Total equity Times interest earned (TIE) = EBIT/Interest Expense Inventory turnover = Cost of goods sold/Inventory Days sales in inventory = 365/Inventory turnover Accounts receivable turnover = Sales/Accounts receivable Days’ sales on receivables = 365/Accounts receivable turnover Accounts payable turnover = Cost of goods sold/Accounts payable Average payable period = 365/Accounts payable turnover
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This note was uploaded on 02/28/2012 for the course FIN 3313 taught by Professor Yi during the Spring '12 term at Texas State.

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