Formula Sheet

• Basic accounts neg eopuation : Assets liabiliti es + equity =

•
Expanded accounts neg agnation : Assets liabiliti es + share capital ordi noiry + = -

Dividende Revenues C- penses ✗

- -

Net income I less) Sales revenue COGS Gross

= -
-

profit Operating ex penses

-

• cost of goods Beginning inventory + punchases

=
-

Ending inventory
•
Weightad average Unit cost Costa Goods available for
-
=

salez Unit
total Units for sale > sold ✗
Weightad average unit cost
-

•
Average inventory inventory turnover
=

•
Dogs in inventory inventory turnover
=

365 dogs
• Mooineg average Method
- =
new average after each purChase
cost of goods available for sale
• Estimated cost of Goods Solid met sales estimated Gross profit= -

cost of goods available for sale-7 Estimated cost of ending inventory =

• Goods available for sale at Retail net sales Ending inventory at Retail -
=

Goods available for sabe at cost = Cost to - -

Retail ratio
Goods available for sale at Retail
Ending inventory at retail ✗ cost to
Retail ratio Estimated cost of ending
-
- =
inventory
• Interest Face value of note ✗ annuel interest rate ✗ time in terms of one year
=

• Accounts recevable turnover Net Credit sales =

Average net accounts Recevable

•
Average collection period in dogs = Darss in year

Accounts Reclivable turnover

• Skaight line dépréciation method :
-

-
DepReliable cost cost Residual value = -

- Anormal depreciation expense Deppeciable cost =

Useful life (in years)

• Units of activity dépréciation method :
- -

DepReliable cost per unit Deppeciable cost =

total units of activity

-

dlpreciationexpense-depreciab.ee cost ✗ Units of activity during the year

Anormal
• De dining balance dépréciation method
- :

-
Annuel dépréciation expense book value at the begironi my of year ✗ dedining balance rate
= -

•
Déplétion cost per unit total cost Residual value
= -

total estimated units available

•
Warlaing capital = Current Assets -
Current liabiliti es
• Current Ratio = Current assets
Current liabilities
• Debt to assets ratio total liabilities =

total assets
• Time interest learned = net income + interest expense + income tax expense
interest expense
• Retuknon ordi Mary shakendoler's eopuity = Net income
preference dividendes
_

Average ordiMary shakenaider's equity

• Book value per Share = total Okoli many shakendoler's eopuity
Number of ordinary shakes outSounding
• Net income ± adjustments = Net cash provided I used
by operative activités
• Free cash flow = met cash provided by operatingactivih.es capital expenoti tures cash dividendes
- -

• Cash payments to supplier = CO G-s + increase in inventory + deCrease in accounts payable

OR Cash payments to supplier = CO a-s -
deCrease in inventory -
increase in accounts payable
• Crash reCeipts from Customers = sales revenue + deCrease in accounts reclivable
OR Crash reCeipts from Customers = sales revenue
increase in accounts reclivable
-

• Clash payments for income taxes income tax expense + deCrease in income taxes payable
=

OR Clash
payments for income taxes income tax expense increase in income taxes payable
= -

• Crash
payments par operating Operating ex penses + increase in prepared expenses + decrease in
=

accruede✗penses
payable
on Crash payments par operating =
Operating ex penses -
decheese in prepaide✗penses -
increase in
acorned
expenses
payable
•
Change since base period = Current year amount base year amount
-

base year amount

• Current results in relation to base period = Current year amount
base year amount