Beginning Financial Accounting Formulas

Formulas for beginning financial accounting

7 cards   |   Total Attempts: 188
  

Cards In This Set

Front Back
Basic accounting equation
Assets = Liabilities + Shareholder's equity
Net income
Revenue - expenses
Total assets
Intangible assets + fixed assets + current assets
Working capital
Current assets - current liabilities
Current ratio
Current assets/current liabilities
Liquidity ratios
Working ratio & current ratio
Debt to total assets ratio
Total liabilities/total assets