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20 Cards in this Set
- Front
- Back
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Net Profit Percent
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measures the percentage of each sales dollar left after deducting all expenses
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ROI
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NP/NW x 100, measures the percentage return on each dollar invested by the owners
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ROA
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NP/TA x 100, measures the efficiency of each dollar of assets used by the firm at producing profits
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Average Inventory
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(BI + EI)/2
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GAFS = what?
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BI + P or CGS + EI
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TO
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CGS/AI
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Efficiency Ratios tell us what?
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how well the manager is using pharmacy resources
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TO definition
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annual rate at which inventory is being sold
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Turn definition
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analogous to TO, monthly rate at which inventory is being sold,
NS/AI |
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Acid Test Ratio
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(accounts receivable + cash)/CL
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Quick Ratio
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(accounts receivable + cash)/CL
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Net Working Capital
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NWC = CA - CL
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Financial position
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measure the pharmacy's ability to meet all financial liabilities w/o selling or otherwise encumbering its assets
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Debt to Equity
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TL/NW x 100
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Debt to Equity definition
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Shows the riskiness of the firm and measures the firm's ability to withstand adversity.The ratio is the most direct measure of a firm's financial position - its ability to meet all of its obligations by using all of its assets with seriously impairing the company's operation
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Generic dispensing ratio
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number of generic prescriptions dispensed/ number of all prescriptions dispensed
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ABPD
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FE/MIR
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PBPD
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project cost/MIR
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MIR
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GM % - VE %
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GMROI
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GM/AI
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