A company had total sales of $670,000, net sales of $663,000, and an average accounts receivable of $102,000. Its accounts receivable turnover equals ___. The formula for Accounts Receivable turnover is: a. Net Sales / average accounts receivable. b. Cost of goods sold / average acco...
Formula In order to calculate the return on average assets ratio for a company you would like to evaluate, you can use the following formula: Return on Average Assets= Net Income / Average Total Assets Net income can be found at the bottom line of a company’s income statement. ...
It uses the following formula: ADR= Room revenue / Rooms sold In this equation, Room Revenue is the total gross revenue generated from hotel room rentals and the net of any discounts. It does not include revenue from room service, movie rental, or the mini bar - all of which are ...
The number of times a company sold out and replaced itsaveragestock of goods in a year. The formula is: (Cost of goods sold) / (averageinventory (beginning inventory + ending)/2 ) NUMBER OF DAYS SALES IN RECEIVABLES (also calledaveragecollection period). The number of days of net sales...
Define Average Performance. means a decimal number calculated by applying the following formula: AP = SPWORST + X× YZ where: AP=Average PerformanceSPWORST=Sum of the Performances of the 6 Worst Performing UnderlyingsX=0.3Y=4Z=10
Formula for Calculating Return on Average Equity Where: Net Income = the company's net income for a given period of time Average Equity = the average of the company's equity at the beginning and end of the period being considered It is important to use average equity in the calculation...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook Weighted average maturity (redirected fromWeighted Average Remaining Term) Weighted average maturity The weighted average maturity of anMBSis the weighted average of the remainingterms to maturityof the mortgagesunderlyi...
MS Excel How to calculate average for beginners and professionals with topics of ribbon and tabs, quick access toolbar, mini toolbar, buttons, worksheet, data manipulation, formatting, function, formula, vlookup, isna and more .
When calculating average collection period, ensure the same timeframe is being used for both net credit sales and average receivables. For example, if analyzing a company's full year income statement, the beginning and ending receivable balances pulled from the balance sheet must match the same pe...
The weighted average number of shares is determined by taking the number of outstanding shares and multiplying it by the percentage of the reporting period for which that number applies for each period. In other words, the formula takes the number of shares outstanding during each month weighted ...