COMM 1800 Test 2 Equations
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Last updated 2:45 AM on 3/24/26
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8 Terms
1
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Assets =
Liabilities + Equity
2
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Gross Profit =
Net Sales - COGS
3
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Net Profit =
Gross Profit - Expenses
4
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Gross Profit Margin =
Gross Profit/Total Revenue
5
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Net Profit Margin =
Net Profit/Total Revenue
6
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Current Ratio =
Current Assets/Current Liabilities
7
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Inventory Turnover =
COGS/Average value of inventory
8
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Debt to Assets Ratio =
Liabilities/Assets
