Formulas Cover Sheet-Exam 1-Business Finance

Total asset turnover = -----Total assets. OCF = EBIT – Taxes + Depreciation. Total liabilities. Debt ratio = -----Total assets. FCF = OCF – Net fixed asset investment (NFAI) – Net current asset investment (NCAI) Where: NFAI = Change in net fixed assets + Depreciation NCAI = Change in current assets – ................
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