Business Fundamentals for Analytics
Exam 2026 Questions and Answers
Inventory Turnover - Correct answer-= COGS / Average Inventory
Payables Turnover - Correct answer-= COGS / Average Accounts Payable
Receivables Turnover - Correct answer-= Sales revenue / Average Accounts
Receivable
Return on Assets - Correct answer-= Net Income / Average total Assets
Profit Margin - Correct answer-= Net Income / Sales Revenue
Asset Turnover - Correct answer-= Sales Revenue / Average total Assets
Return on Equity - Correct answer-= Net Income / Average Shareholder's Equity
OR
= PM*AT*Equity multiplier
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
Exam 2026 Questions and Answers
Inventory Turnover - Correct answer-= COGS / Average Inventory
Payables Turnover - Correct answer-= COGS / Average Accounts Payable
Receivables Turnover - Correct answer-= Sales revenue / Average Accounts
Receivable
Return on Assets - Correct answer-= Net Income / Average total Assets
Profit Margin - Correct answer-= Net Income / Sales Revenue
Asset Turnover - Correct answer-= Sales Revenue / Average total Assets
Return on Equity - Correct answer-= Net Income / Average Shareholder's Equity
OR
= PM*AT*Equity multiplier
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1