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Formulas for final

        Help!  

Question
Answer
Current Ratio   current assets/current liabilities  
🗑
Quick Ratio   current assets-inventory-prepaid/current liabilities  
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Earnings per share   NI - preferred dividends/average common stock outstanding  
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Return on investment   NI / total assets or NI / investment or operating income / operating assets  
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Return on equity   NI / stockholders' equity  
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Debt to Equity   Debt / Equity  
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Liquidity   Current ratio and quick ratio  
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Stock Market   Earnings per share  
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Profitability   Return on investment and return on equity  
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Solvency   Debt to equity ratio  
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profitability index   NPV/investment  
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payback period   investment/annual cash flows  
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Margin   NI / sales  
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Turnover   sales / investment  
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Residual income   operating income - (operating assets x ROI)  
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Price variance   (actual rate or price - standard rate or price) * actual units produced  
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Usage variance   (actual units produced - standard units allowed) * standard rate or price  
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Standard units allowed   Actual units produced * Standard rate or price  
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ABC allocation rate   cost to be allocated / cost driver  
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Volume allocation rate   total MO / number of units  
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Predetermined MO rate   total MO / cost driver  
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Breakeven in units   R(x) - VC(x) - FC(x) or Total FC/CM per unit  
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CVP   Breakeven + profit  
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CM ratio   CM per unit / sales price per unit  
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Margin of Safety   Sales - breakeven sales  
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Margin of safety %   Margin / sales  
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Sales volume   FC + desired profit / CM ratio  
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Magnitude of operating leverage   CM / NI  
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CM   Sales - VC  
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Sales price   average VC per unit + average FC per unit + desired profit per unit  
🗑


   

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Created by: jahoerbelt
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