Flashcards
Accounting Equations
Cards in this deck (8)
- 1Break Even PointFixed Cost/(sales price-variable cost)
- 2Quick Ratio TestCurrent Assets/Current Liabilities
- 3Acid test ratioCurrent Assets-stock/current liabilities
- 4Return on Capital EmployedOperating profit/capital employed
- 5Operating Profit Margin(Operating Profit/ Sales) x 100
- 6Gross Profit Margin(Total Revenue-Cost of goods)/total revenue
- 7Sales RevenuePrice per unit x No. of units sold
- 8Net IncomeRevenue - Expenses
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- None Accounting Flashcards on Accounting Equations, created by Paul Saville on 21/06/2016.
- Created by
- Paul Saville
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