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Exam (elaborations)

BUSI 320 Final Exam 1 Prep Test.

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BUSI 320 Final Exam 1 Prep Test. Profit Margin - CORRECT ANSWER Net Income/Sales Return On Assets - CORRECT ANSWER Net income/Total Assets Return on Equity - CORRECT ANSWER Net Income/Stockholders Equity Receivable Turnover - CORRECT ANSWER Sales/Accounts Receivable Average Colle...

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  • December 4, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • BUSI.
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BUSI 320 Final Exam 1 Prep Test.
Profit Margin - CORRECT ANSWER Net Income/Sales



Return On Assets - CORRECT ANSWER Net income/Total Assets



Return on Equity - CORRECT ANSWER Net Income/Stockholders Equity



Receivable Turnover - CORRECT ANSWER Sales/Accounts Receivable



Average Collection Period - CORRECT ANSWER Accounts receivable/Avg Daily Sales



Inventory turnover - CORRECT ANSWER Sales/Inventory



Fixed Asset turnover - CORRECT ANSWER sales/fixed assets



total asset turnover - CORRECT ANSWER sales/total assets



current ratio - CORRECT ANSWER current assets/current liabilities



quick ratio - CORRECT ANSWER (current assets-inventory)/current liabilities



debt to total assets - CORRECT ANSWER total debt/total assets



times interest earned - CORRECT ANSWER EBIT (operating profit)/interest



Break Even - CORRECT ANSWER fixed costs/(price-vc)

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