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7 Cards in this Set
- Front
- Back
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Turnover Ratio
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Net sales / Average Net (accounts, notes receivable)
Average net= new+old/2 |
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Current Ratio
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Current Assets / Current Liabilities
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Working Capital
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Current Assets - Current Liabilities
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Installment Method-Gross Profit Recognized during the Period
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Cash Collections from Customers
x Gross Profit |
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% of Completion Method
Revenue Recognized |
Costs Incurred / Total Estimated Cost
=% Complete % Complete x Total Revenue |
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% of Completion Method
Gross Profit Recognized |
Revenue Recognized - Costs Incurred
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Annual Depletion Expense
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Total Cost minus Salvage Value
/ Total Estimated Units = Depletion Cost per unit Depletion cost per unit x # of Units Extracted and Sold |
