HCM 416 FINAL EQUATIONS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A+

HCM 416 FINAL EQUATIONS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A+ CF= Net Income + Noncash Expenses Or Net Income + Depreciation AT= BT(1-T) Total Margin (Profit Margin)= Net Income/Total revenue Total Expenses total rev.-net income Total cash expenses= total revenue - net income - depreciation Net income= total revenue - total expenses Net working capital= current assets - current liabilities Debt (to assets) ratio= total debt/total assets Assets= liabilities + equities Increase in Equity= revenue - total expenses Return on Assets= Net income/Total Assets Current Ratio= Current Assets/Current Liabilities Days Cash on Hand= (Cash + Marketable Securities)/ (Expenses - Depreciation - Provision for noncollectables)/365 or C+MS/ (X-D-P)/365 Average Collection Period= Net accounts Receivable or Premiums Receivable / (revenue or premiums earned/365) Debt to Equity Ratio= Total Debt/Total Equity TIE Ratio= EBIT/Interest Expense Fixed Asset Turnover Ratio= Total Revenues/Net Fixed Assets Profit=