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10 Cards in this Set
- Front
- Back
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Return on Assets Ratio |
Net Income ------------------------------ Average total assets |
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Dividend payout ratio |
total dividends -------------------------- Net income (Common stock only - no preferred stock) |
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Financial Ratios |
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a method for analyzing cost behavior in which and account is classified as either variable or fixed based on the analysts prior knowledge of how the cost in the account behave. |
Account analysis |
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a measure of whatever causes the incurrence of a variable cost. Ex. Total cost of coffee cups will rise as more cups of coffee are sold |
Activity base |
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all executive, organizational, and clerical costs associated with the general management of an organization rather than with the MFR or selling |
Administrative costs |
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investments in facilities, equipment, and the basic organizational structure that can't be significantly reduced even for short periods of time without making fundamental changes |
Commited fixed cost
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A cost that is incurred to support a number of cost objects but that cannot be traced to them individually.
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Common cost |
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An income statement format that organizes costs by their behavior. Costs are separated into variable and fixed categories rather than being separated into product and period costs. |
Contribution approach |
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Cost classification |
