Saturday, 23 August 2014

BASIC ACCOUNTING , RATIO ANALYSIS FORMULAS & INTERVIEW SHORT QUESTIONS (211-220)



211. Price Earning Ratio :  it a measure for determining the value of a share. May also be used to measure the rate of return expected by investors.

                     Formula : Market price of share (MPS)  X 100
                                            Earning per share (EPS)

212.Current Ratio : it measures short-term debt paying ability.

                      Formula : Current Assets           
                                             Current Liabilities

213. Debt-Equity Ratio : it indicates the percentage of funds being financed through borrowings; a measure of the extent of trading on equity.

                     Formula :   Total Long-term Debt     
                                             Shareholders  funds
214.Fixed Assets Ratio : This ratio explains whether the firm has raised adepuate long-term funds to meet its fixed assets requirements.

                   Formula           Fixed Assets             
                                             Long-term Funds

215 . Quick Ratio : The ratio termed as ‘ liquidity ratio’. The ratio is ascertained y comparing the liquid assets to current liabilities.

                   Formula :    Liquid Assets            
                                          Current Liabilities

216. Stock Turnover Ratio : the ratio indicates whether investment in inventory in efficiently used or not. It, therefore explains whether investment in inventory within proper limits or not.

              Formula :   cost of goods sold 
                                        Average stock

217. Debtors Turnover Ratio : the ratio the better it is, since it would indicate that debts are being collected more promptly. The ration helps in cash budgeting since the flow of cash from customers can be worked out on the basis of sales.

             Formula :                             Credit sales                                  
                                    Average Accounts Receivable

218.Creditors Turnover Ratio : it indicates the speed with which the payments for credit purchases are made to the creditors.

              Formula :                Credit Purchases               
                                           Average Accounts Payable

219. Working capital turnover ratio : it is also known as Working Capital Leverage Ratio. This ratio indicates whether or not working capital has been effectively utilized in making sales.

               Formula :            Net Sales             
                                       Working Capital

220.Fixed Assets Turnover Ratio : This ratio indicates the extent to which the investments in fixed assets contributes towards sales.

          Formula :             Net Sales           
                                        Fixed Assets



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