Exam (elaborations)
Level 1 CFA Formulas Questions with solutions
- Course
- Institution
Level 1 CFA Formulas
[Show more]
Seller
Follow
julianah420
Reviews received
Content preview
Level 1 CFA FormulasReceivables Turnover & Ratio Type - answer sales/Avg. Receivables **(Activity Ratio)
Days Sales Outstanding & Ratio Type - answer365/Receivables Turnover **(Activity
Ratio)
Inventory Turnover & Ratio Type – answer COGS/Avg. Inventory **(Activity Ratio)
Days Inventory on Hand & Ratio Type - answer365/Inventory Turnover **(Activity Ratio)
Payables Turnover & Ratio Type - answer Purchases/Avg. Trade payables **(Activity
Ratio)
Number of Days Of Payables & Ratio Type - answer365/Payables Turnover ratio
**(Activity Ratio)
Total Asset turnover & Ratio Type - answer Revenue/Avg. Total Assets **(Activity Ratio)
Fixed Asset Turnover & Ratio Type - answer Revenue/Avg Net Fixed Assets **(Activity
Ratio)
Working Capital Turnover & Ratio Type - answer Revenue/Avg. Working Capital
**(Activity Ratio)
Current Ratio & Ratio Type - answer Current Assets/Current Liabilities **(Liquidity)
Quick Ratio & Ratio Type - answer(Cash + Marketable Securities Receivables)/Current
Liabilities **(Liquidity)
Cash Ratio & Ratio Type - answer(Cash + Marketable Securities)/Current Liabilities
**(Liquidity)
Defensive Interval & Ratio Type - answer(Cash + Marketable Securities +
Receivables)/Average daily Expenditures **(Liquidity)
Cash Conversion Cycle & Ratio Type - answer(Days sales Outstanding) + (Days of
Inventory on hand) - (Number of days of Payables) **(Liquidity)
Debt to equity & Ratio Type - answer Total Debt/Total Shareholders Equity **(Solvency)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller julianah420. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
52510 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now