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Managerial Accounting: Performance Metrics, Investment Analysis and Departmental Accounting

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Finance - Personal Finance

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michael1tekrzp Created by 10 mon ago

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Cards in this deck(23)
In departmental accounting, the contribution to overhead is calculated as Sales minus CGS and _____ costs.
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In a flexible budget, Net Income is calculated by subtracting Fixed Costs from _____ Margin.
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The Return on Investment (ROI) is calculated as Net Income divided by _____ assets.
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Residual Income is calculated by subtracting the product of Investment and _____ rate from actual income.
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Profit margin is determined by dividing Net Income by _____ and expressing it as a percentage.
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Investment turnover is calculated by dividing Sales by _____ assets.
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The profitability index is calculated as the NPV of cash flows divided by the initial _____.
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The payback period is determined by dividing the initial investment by the annual net _____ flows.
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The accounting rate of return is calculated as average Net Income divided by average _____.
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The net present value (NPV) formula involves subtracting outflows from inflows, including annuities and _____ sums.
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Annual cash flows are calculated by subtracting Direct Materials, Direct Labor, and _____ from Sales.
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The current ratio is calculated as current assets divided by current _____.
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The acid test ratio is calculated by dividing cash, current receivables, and short-term investments by current _____.
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Total asset turnover is calculated by dividing sales by _____ assets.
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The debt to equity ratio is calculated as total liabilities divided by total _____.
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Contribution margin is calculated by subtracting variable costs from _____.
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CM per unit is calculated by subtracting variable costs per unit from the selling _____ per unit.
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The CM ratio is calculated as CM per unit divided by the selling _____ per unit.
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The break-even point in dollars (BEP $) is calculated by dividing Fixed Costs by the CM _____.
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The break-even point in units is calculated by dividing Fixed Costs by the CM per _____.
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A cash budget includes cash receipts, cash disbursements, and adjustments for bank loans to determine the ending _____.
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A production budget calculates the ending finished goods by adding production to beginning inventory and subtracting _____.
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The RM budget calculates the total cost of direct materials by multiplying the amount to be provided by the cost per unit of _____.
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