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These formulas are not given on exam question paper. So, guys you have to remember these expressions to attempt an exam of
F9.
8- Earning per share (E. P. S) = Profits distributable to ordinary shareholders (Earnings) / No. of ordinary shares issued
10- Dividend Yield = Dividend per share / Market price per share * 100
11- Accounts payable period = Payables / Purchases or Cost of sales * 365 days
15- Work in progress days ( W.I.P ) = Average W.I.P / Cost of sales * 365
16- Raw material days = Average raw material inventory / Annual raw material purchases * 365 days
17- Equivalent annual cost ( E.A.C ) = PV of cost over one replacement cycle / Annuity factor for the number of years in the cycle
22- Profitability index ( P. I ) = PV of cash flows ( Without capital investment ) / Capital investment
Po = Current share price , g = Annual growth in share price , R = No. of shares , n = No. of years
28- Dividend cover = E.P.S / D.P.S = Earnings per share / Dividend per share
35- Net profit = Net profit / Net sales or Profit before tax / Sales
37- Minimum ( Buffer ) inventory level = Re-order level - ( Avg. usage * Ag. lead time )
45- Overdraft = Total assets ( C.A + N.C.A ) - N.C.L ( O. S.C+ R.E + Long term loan ) - C. L ( Payables )
46- Assets = Liability + Capital
50- TERP = No. of old shares * old share price + No. of new shares * New share price / Total no. of shares ( old + new )
52- Net assets = Total assets( N.C.A+C.A ) - Total liabilities ( N.C.A+C.L ) - Preference shares