Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Acc502 Unit 4

ASU Evening Program Kaplan Fall'11

QuestionAnswer
What are the components to the Dupont Model for ROE? NI/ Sales * Sales/ATA * ATA/ ASE = NI/ASE
What are the components of ROA using the Dupont Model? (Net Income)/Sales * Sales/(Ave. Total Assets), basically Profit Margin * Asset Turnover
What's the main shortcoming of the Dupont model? Doesn't distinguish between Operating and Nonoperating: Assets, Liabilities, Revenues, Expenses
What does NOPAT stand for? Net Operating Profit After Tax ==> Net operating profit before taxes - taxes on operating profit.
What does NOA stand for? Average Net Operating Assets
What is the Easton et al.'s equation for Operating Return? NOPAT/ NOA
How does one find the taxes on operating profit? Tax expense (from income statement) + Pretax net Nonoperating Expenses * statutory tax rate (- Pretax Net Nonperating Revenues * statutory tax rate)
What's the equation for Gross Profit Margin? 1- (Cost of Goods Sold)/Sales
What's the equation for Inventory Days 365/(COGS/Average Inventory)
What's the equation for Receivable Days 365/(Sales/Avg Accts Rec)
What's the equation for Accounts payable days? 365/(COGS/Avg AP)
From where is the cash to cash cycle measured? Operating cycle, minues accounts payable days
What's the equation for interest coverage ratio (Net income + Income tax expense +Interest Expense)/Interest expense
What is the current ratio, and what's the equation for it? Shows the amount of assets to the liabilities, basically how much the copmany is leveraged. Current Assets/Current Liabilities
What is the quick ratio, and what's the equation for it? (Cash + marketable securities + AR) / current liabilities
Created by: 562911135
Popular Accounting sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards