WGU Principles of Finance C708 Formulas, Latest update, graded A+

WGU Principles of Finance C708 Formulas, Latest update, graded A+ Assets = Liability + OE - -The Balance Sheet Equation Old RE + NI - Dividends - -Net Income for New Retained Earnings NI - Dividends - -Change in Retained Earnings CA/CL - -Current Ratio (Liquidity Ratio) (CA - Inv)/CL - -Quick Ratio a.k.a. Acid Test (Liquidity Ratio) AR/Daily Credit Sales - -Average Collection Period (Liquidity Ratio) Credit Sales/AR - -Accounts Receivable Turnover (Liquidity Ratio) COGS/Inv - -Inventory Turnover (Liquidity Ratio) Sales/TA - -Total Asset Turnover (Efficiency Ratio) Sales/Net PP&E - -Fixed Asset Turnover (Efficiency Ratio) EBIT/TA - -Operating Income Return On Investment (OIROI) (Efficiency Ratio) Total Liabilities/TA - -Debt Ratio (Financing Ratio) EBIT/Interest Expense - -Times Interest Earned (TIE) (Financing Ratio) NI/TA - -Return on Assets (ROA) (Profitability Ratio) NI/E - -Return on Equity (ROE) (Profitability Ratio) (Sales - COGS)/sales - -Gross Margin (Profitability Ratio) EBIT/Sales - -Operating Margin (Profitability Ratio) NI/Sales - -Net Margin (Profitability Ratio) NI/S x S/A x A/E - -DuPont Decomposition/DuPont Equation (Profitability Ratio) EBIT - taxes + depreciation - (current year PP&E - last year PP&E) - (CY CA - CY CL) - (LY CA - LY CL) - -Free Cash Flow to the Firm (FCFF) NI + Depreciation Expense - CAPEX - change in NWC - change in LTD - -Free Cash Flow to Equity (FCFE) NOPAT - [ WACC (costly capital)] - -Economic Value Added