MGAB01H3 Study Guide - Midterm Guide: Bank Reconciliation, Accounts Receivable, Asset Turnover

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MGAB01H3 Full Course Notes
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MGAB01H3 Full Course Notes
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Statement of financial position/balance sheet (as at _______) *fo(cid:396) lo(cid:374)g te(cid:396)(cid:373) assets use (cid:862)(cid:374)o(cid:374)-(cid:272)u(cid:396)(cid:396)e(cid:374)t assets(cid:863) as headi(cid:374)g. Enter final amount each account should show. Show specific revenue accounts (eg. concession revenue, admission revenue) Roe = net earnings / *a(cid:448)e(cid:396)age sha(cid:396)eholde(cid:396)s" e(cid:395)uity. Roa = [net earnings + interest expense (net of tax)]/ *average total assets. Net profit margin ratio = net earnings / net sales. Fixed asset turnover ratio = net sales revenue / average net fixed assets. Roe profit driver analysis = (net profit margin) x (asset turnover) x (financial leverage) Cash ratio = (cash + cash equivalents) / current liabilities. Current ratio = current assets / current liabilities. Earnings per share = net earnings / number of shares. Total asset turnover ratio = sales (or operating) revenues / *average total assets. **receivable turnover = net credit sales / average net trade receivable. **average age of receivables = 365 / receivable turnover.

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