Financial Ratio Calculations: Receivables, Inventory, and Profitability Measurement Formulas

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Finance - Personal Finance

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georgepetenjk Created by 10 mon ago

Cards in this deck(7)
The formula for calculating the Receivables Turnover Ratio is _____ / Average Net Receivables.
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To determine the Days to Collect, use the formula 365 / _____.
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The Inventory Turnover Ratio is calculated by dividing the Cost of Goods Sold by _____.
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To find the number of days inventory is held, use the formula 365 / _____.
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The Weighted Average Cost is calculated by dividing the Cost of Goods Available for Sale by _____.
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The Gross Profit Percentage is determined by (Net Sales Revenue - Cost of Goods Sold) / _____.
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Net Accounts Receivable is calculated by subtracting the Allowance for Doubtful Accounts from _____.
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