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Breakeven Point? - 🧠 ANSWER ✔✔total cost = total revenue
Working capital ratio - 🧠 ANSWER ✔✔current assets / current liabilities
Acid-test (quick) ratio - 🧠 ANSWER ✔✔(cash + AR + short-term
investments) / current liabilities
, debt to assets ratio - 🧠 ANSWER ✔✔total liabilities/total assets
FTE (full time equivalent) - 🧠 ANSWER ✔✔total number of hours per
employee in a week / 40 (i.e. 12+14+40+30 div. by 40)
Profit margin - 🧠 ANSWER ✔✔NOI/Tot. Revenue. Defined as "income to
sales. 2 types, gross prof margin and net prof margin)
Net Operating Income (NOI) - 🧠 ANSWER ✔✔Total (gross) Revenue -
operating expenses
Occupancy rate - 🧠 ANSWER ✔✔(# of resident days/facility beds) x 365
HCS - 🧠 ANSWER ✔✔Hazard Communication Standard. OSHA standard
requiring employers to inform workers of potentially hazardous chemicals.
Balance sheet formula - 🧠 ANSWER ✔✔Assets = Liabilities + Shareholders
Equity
EBITDA - 🧠 ANSWER ✔✔Earnings before interest, taxes, depreciation, and
amortization
Amortization - 🧠 ANSWER ✔✔the reduction of a loan balance through
payments made over a period of time