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POB Obj 4.01
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Current ratio
Current Assets/Current liabilities
Debt to equity ratio
Total Liabilties/Owner's Equity
Return on equity ratio
Net Profit/Owner's Equity
Net Income ratio
Total Sales/Net Income
Assets
What a company owns
Liabilities
what a company owes
Owner's Equity
the value of the owners' investment in the business.
Balance sheet
The assets, liabilities, and owner's equity for a specific date.
Income statement
A report that shows the revenue, expenses, and net income or loss for a specific period.
Shirley Holt
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