Exam (elaborations)
WGU Principles of Finance C708 Formulas
- Course
- Institution
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...
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