accounting
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26 Terms
asset turnover ratio
sales/net assets
Current Ratio
current assets / current liabilities
Acid Test Ratio
(Current Assets - Inventory) / Current Liabilities
average collection period
trade receivables/sales x 365
average payment period/payable days
trade payables/ COGS per day
average stockholding period
inventory/COGS per day
operating profit margin
Operating profit / sales x 100
gross profit margin
Gross profit/sales x 100
Net Profit Margin
Net profit/sales x 100
Return on capital employed (ROCE)
Operating profit / capital employed x 100
cash conversion period
Rdays + Idays - Pdays
gearing ratio
debt/( debt+ equity) x 100
leverage ratio
debt/equity x100
price earnings ratio
market price per share/ earnings per share
interest cover
operating profit / debt interest payment
current ratio
current assets / current liabilities
debt ratio
total liabilities/total assets
equity ratio
total equity/total assets
prepaid expenses
Dr: _ expense
Cr: prepaid _
depreciation
Dr: depreciation expense
Cr: accumlated depreciation (A-D)
Accured expenses
Dr: _ expense
Cr:_ payable
accured revenue
Dr: accounts receivable
Cr: _ revenue
unearned revenue
Dr: unearned _ revenue
Cr: _ revenue
bad debt
Dr: allowance
Cr: A/R by the company
capital employed
Shareholders’ Equity + Non-Current Liabilities or Total Assets - Current Liabilities.
net assets
total assets- total liabilities