HMGT 3311 Exam II Review
Acid Test Ratio (L) - ANS-(Cash + Marketable Assets)/CL
Aging Schedule - ANS-A/R for month/AR for sector
Annuity due refers to - ANS-series of identical payments made or obtained at the beginning of a
duration
Asset Mix - ANS-Aggressive, better returns, less liquidity
Conservative, decrease returns, better liquidity
Average Payment Period (L) - ANS-CL/[(Op. Exp - Dep.)/365]
Avg. Daily Pt Rev. - ANS-Net Pt. Rev/days
Current Ratio (L) - ANS-CA/CL
Days Cash on Hand (L) - ANS-(Cash+Marketable Securities+Board Designated
Funds)/[(Operating Exp. - Depreciation)/365]
Days in A/R - ANS-Net A/R / Daily Pt. Rev
Days in A/R (L) - ANS-(Net pt. A/R)/(Net pt. Rev. /365)
Discounting - ANS-converting future cash flows to their gift value
Financing Mix - ANS-business enterprise's selection on financing its running capital wishes
Future Value is located - ANS-thru a compound interest method
Horizontal Analysis - ANS-Compares percent change between the cutting-edge yr and the
earlier yr [(Current Year-Prior Year)/Prior Year] * one hundred
Long-Term Debt to Total (Net) Assets Ratio (C) - ANS-Long-Term Debt/Net Assets
Non-Operating Revenue Ratio (P) - ANS-(Non-Operating Income + Other Income)/Total
Operating Revenues
Operating Margin (P) - ANS-Operating Income/Operating Revenues
Present Value refers to - ANS-Worth nowadays of a destiny charge
Acid Test Ratio (L) - ANS-(Cash + Marketable Assets)/CL
Aging Schedule - ANS-A/R for month/AR for sector
Annuity due refers to - ANS-series of identical payments made or obtained at the beginning of a
duration
Asset Mix - ANS-Aggressive, better returns, less liquidity
Conservative, decrease returns, better liquidity
Average Payment Period (L) - ANS-CL/[(Op. Exp - Dep.)/365]
Avg. Daily Pt Rev. - ANS-Net Pt. Rev/days
Current Ratio (L) - ANS-CA/CL
Days Cash on Hand (L) - ANS-(Cash+Marketable Securities+Board Designated
Funds)/[(Operating Exp. - Depreciation)/365]
Days in A/R - ANS-Net A/R / Daily Pt. Rev
Days in A/R (L) - ANS-(Net pt. A/R)/(Net pt. Rev. /365)
Discounting - ANS-converting future cash flows to their gift value
Financing Mix - ANS-business enterprise's selection on financing its running capital wishes
Future Value is located - ANS-thru a compound interest method
Horizontal Analysis - ANS-Compares percent change between the cutting-edge yr and the
earlier yr [(Current Year-Prior Year)/Prior Year] * one hundred
Long-Term Debt to Total (Net) Assets Ratio (C) - ANS-Long-Term Debt/Net Assets
Non-Operating Revenue Ratio (P) - ANS-(Non-Operating Income + Other Income)/Total
Operating Revenues
Operating Margin (P) - ANS-Operating Income/Operating Revenues
Present Value refers to - ANS-Worth nowadays of a destiny charge
