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Exam (elaborations)

Audit CPA Formulas Questions with complete solution 2023

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Audit CPA Formulas Questions with complete solution 2023Working Capital (CA-CL) Current Ratio (Working Cap) CA/CL Acid Test Ratio (Cash + Marketable Securities/Current Liabilities) A/R Turnover Net Credit Sales/Average Accounts Receivable A/R Turnover in Days (Avg Net Receivables/(Net Credit Sales/365)) Inventory Turnover COGS/Average Inventory Inventory Turnover in Days (Avg Inventory/(365/Inventory Turnover)) Operating Cycle AR Turnover in Days + Inv Turnover in Days Working Capital Ratio Sales/Average Working Capital Total Asset Turnover Net Sales/Average Total Assets AP Turnover Purchases/Average AP Days in AP (Avg AP/(Purchases/365)) Net Profit Margin Net Income/Net Sales

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Institution
Audit CPA Formulas
Course
Audit CPA Formulas

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Uploaded on
June 14, 2023
Number of pages
2
Written in
2022/2023
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • audit cpa formulas questions with complete solutio
  • working capital ca cl
  • current ratio working cap cacl
  • acid test ratio cash marketable securitiescurr
  • ar turnover net credit salesaverage ac
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