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11 Cards in this Set
- Front
- Back
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ROE
|
ROA * Leverage
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ROA
|
NI + (1-tax rate)(interest expense) + MI
divided by Avg total Assets |
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Leverage
|
Avg total assets / Avg Shareholders Equity
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Profit Margin
|
NI +(1-tax rate)(interest expense)+MI
divided by Sales |
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Asset Turnover
|
Sales / Avg Total Assets
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ROA also equals
|
Profit Margin for ROA
* Assets Turnover |
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A/R turnover
|
Net Sales on Account / Avg A/R
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Avg A/R collection period =
|
365 / A/R turnover
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Inventory Turnover=
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COGS / Avg Inventories
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Days of Inventory on hand =
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365 / Inventory Turnover
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Average Income Tax Rate =
|
Average Income Tax Rate = Income Tax Expense/Net Income before Income
Taxes |
