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Accounting Formulas

Formulas for final

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