ACCA F7考试：performance appraisal
PROFITABILITY
Return on capital employed (ROCE)
Profit before interest and tax
Shareholders' equity + debt
Asset turnover
Revenue
Total assets - current liabilities
Profit margins
Gross or Operating profit
Revenue
LIQUIDITY
Current ratio
Current assets
Current liabilities
Quick ratio (sometimes referred to as acid test ratio)
Current assets - inventory
Current liabilities
Receivables collection period (in days)
Receivables x 365
Credit sales
Payables collection period (in days)
Payables x 365
Credit purchases*
*(or cost of sales if not available)
Inventory days
Closing (or average) inventory x 365
Cost of sales
Gearing
Debt or Debt
Equity Debt + equity
