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9 Cards in this Set
- Front
- Back
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Net Working Capital |
NWC= Total Current Assets - Total Current Liabilities |
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Current Ratio |
CR= Tot Current Assets/Tot Current Liabilities |
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Quick Asset Ratio |
QAR= (Tot Curr Assets - Inventory)/Tot Curr Liabilities |
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P/E Ratio |
= Price/Earnings |
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Current Yield |
= Annual Div per Common/ Current market price |
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Dividend Payout Ratio |
= Annual Div Paid on Common/EPS |
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Options Formulas |
Premium= Time value+Intrinsic value Time value=Premium-Intrinsic value |
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Open-end vs. Closed-end |
Open-end= mutual fund redeem shares Closed-end= trades in market |
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Likelihood to get refunded |
An issuer is most likely to refund the issue that will cost it the most money over the life of the issue. Always use the following order in making this choice: (1) highest coupon (2) lowest call premium (3) earliest call date (4) longest maturity. |
