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21 Cards in this Set
- Front
- Back
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What is the balance sheet identity formula? |
Assets=Liabilities+Owners Equity |
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What is the formula for assets? |
Current assets + fixed assets |
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What is the formula for current assets? |
Cash+Marketable Securities+Accounts Recievable+Inventory |
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What is the formula for net fixed assets? |
Land+Plant+Equipment-Accumulated Depreciation |
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What is the formula for liabilites? |
Current Liabilities + Long term debt |
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What is the formula for net working capital? |
Current Assets - Current Liabilities |
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What is the formula for current liabilities? |
Accouts payable + Accruals + Short Term Debt |
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What is the formula for long term debt? |
Bonds Payable + Long Term Bank Debt + Mortgages payable |
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Owner's Equity = ??? |
Preferred Stock + Common Stock + Additional Pad in Capital + Retained Earining |
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Ending Retained Earnings = ??? |
Beginning Retained Earnings + Net Income - Dividends |
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Revenues - Expenses = ??? |
Net Income (Income Statement Equation) |
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Expenses = ??? |
COGS, Salaries, Depreciation, Taxes, Other Expenses, Interest Expense |
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Net Income = ??? |
Dividends + Increases to Retained Earnings |
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EBIT = ??? |
Earning Before Interest and Taxes |
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Cash Flow from Assets = ??? |
Cash flow to creditors + cash flow to stockholders(Cash flow identity) |
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Cash Flow from Assets = ??? |
Operating cash flow - net capital sending - changes in NWC |
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Operating Cash Flow = ??? |
EBIT + Depreciation - Taxes |
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Net Capital Spending = ??? |
Ending Net Fixed Assets - Beginning Net Fixed assets + Depreciation |
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Changes in NWC = ??? |
Ending NWC - Beginning NWC |
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Cash Flow to Creditor = ??? |
Interests paid - Net New Borrowing |
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Cash Flow to Stockholders = ??? |
Dividends Paid - Net New Equity raised |
