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Annuities: Calculate Annuity Payment - Funding an Annuity
Calculate the payment required for an ordinary annuity with a step by step example using your values for the periodic interest rate, number of periods, and future value.
Annuities: Future Value of an Annuity Due
Calculate the Future Value of an Annuity Due with a step by step example using your values for the periodic interest rate, number of periods, and periodic payment amount.
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Annuities: Future Value of an Ordinary Annuity
Calculate the Future Value of an Ordinary Annuity with a step by step example using your values for the periodic interest rate, number of periods, and periodic payment amount.
Basic Statistics: How to Read a Bar Graph
This brief tutorial explains the various parts of a bar graph and shows how it is used to visually represent information.
Basic Statistics: How to Read a Line Graph
This brief tutorial explains the various parts of a line graph and shows how it is used to visually represent information.
Basic Statistics: How to Read a Pie Chart
This brief tutorial explains the various parts of a pie chart (or pie graph) and shows how it is used to visually represent information.
Basic Statistics: How to Read a Table
This brief tutorial explains the various parts of a data table and shows how it is used to visually represent information.
Basic Statistics: Study Sheet of Basic Statistics
Explore basic statistics with this printable Smartacus Study Sheet. Review the types of graphs (line, bar, pie chart), how to read a table, and basic data set values -- median, mode, mean, and range.
Financial Analysis: Break-Even Analysis and the Break-Even Point
When considering the production or sale of a new product or service, businesses often will use break-even analysis and the break-even point to see whether its financially feasible. See how it works in this free tutorial.
Keywords: accounting, accounting, BEP, break-even analysis, break-even point, breakeven, business, cost, cost accounting, costs, expense, expense formula, FC, finance, financial formula, fixed cost, formula, PQ, price, price times quantity, profit, profitability, profitable, quantity, revenue, revenue equals profit, revenue formula, total costs, TR, variable cost, VC
Financial Analysis: Fixed Costs
Fixed costs are defined as any cost or expense that does not vary with changes in the level of business activities like sales or production. Learn more about fixed cost in this tutorial.
Financial Analysis: Variable Costs
Variable costs are expenses that increase or decrease as a direct result of increases or decreases in sales or production volume. Learn more about variable cost in this tutorial.
Financial Statements: Balance Sheet
Learn about the structure and contents of a balance sheet by examining one for the fictitious company Bogus Manufacturing, Inc.
Financial Statements: Cash Flow
Learn about the structure and contents of a statement of cash flows by examining one for the fictitious company Bogus Manufacturing, Inc.
Financial Statements: Cash Flow - Quiz
Study terms from the cash flow statement like net cash, prepaid expenses, payment of dividends, and more with this fun quiz.
Financial Statements: Income Statement, Single Step
Learn about the structure and contents of a single-step income statement by examining one for the fictitious company Bogus Manufacturing, Inc.
Financial Statements: Overview of Financial Statements
After preparing your adjusted trial balance, the next step in the accounting cycle is to prepare your financial statements. Learn about the balance sheet, income statement, statement of cash flow, and retained earnings statement in this tutorial.
Financial Statements: Retained Earnings
Learn about the structure and contents of a statement of retained earnings by examining one for the fictitious company Bogus Manufacturing, Inc.
Interest: Average Daily Balance
The Average Daily Balance is the total of the balance at the end of each day during a period divided by the number of days in the period. Learn how to calculate average daily balance (ADB) in this tutorial.
Miscellaneous: Business Entity Consultant
Deciding on a business structure for your company is easier than you might think. By answering a series of basic questions, this virtual consultant can advise you of your choice (while teaching you the pros and cons of each type).
Miscellaneous: Intro Business Quiz
How well do you know your business terms? Take the plunge with this fun quiz -- ten questions randomly selected from accounting, economics, finance, management, marketing, business organization, and human resources.
Miscellaneous: My Intro Business Flashcards
Learn the important terms and definitions for accounting, marketing, economics, and other business disciplines with these flashcards. You can even study while you play a concentration game, too!
Miscellaneous: Smart Stock - Investment Simulator
Test your financial genius with this smart stock market simulation. Make your millions or blow it all on a bad break -- this is an addictive game!
Keywords: business, buy, finance, fun, game, investment, investment simulator, play, play game, sell, simulator, smart stock, smart stock investment simulator, stock market, stock market game, stock market simulator, stock simulator
Ratio Analysis
Ratios used in financial analysis compare companies to or within an industry. We have listed groups of commonly used ratios with links to examples, explanations, and formulas.
Ratios of Asset Management: Days Sales Outstanding (DSO)
The days sales outstanding ratio (DSO) gives an indication of how long it takes to collect accounts receivables, comparing outstanding receivables to average daily sales. This tutorial walks you through the calculation as well as where on the financial statements you'd find the numbers.
Ratios of Asset Management: Fixed Assets Turnover Ratio
The fixed assets turnover ratio measures how fixed assets are used to generate sales, by comparing sales to net fixed assets. This interactive tutorial walks you through the calculations as well as where to find the numbers on your financial statements.
Ratios of Asset Management: Inventory Turnover Ratio
The inventory turnover ratio compares sales to inventories, reflecting a company's ability to convert inventory into cash. This interactive tutorial walks you through the calculations, and shows you where to find the numbers of your financial statements.
Ratios of Asset Management: Total Asset Turnover Ratio
The total assets turnover ratio measures the use of all assets in terms of sales, by comparing sales with net total assets. This interactive tutorial walks you through the calculations as well as where on the financial statements to find the numbers.
Ratios of Debt Management: Debt Ratio
The debt ratio indicates how much of a company's assets are provided through debt. This is the proportion of funding that is provided by creditors. This interactive tutorial walks you through the calculations, including where Total Assets and Total Liabilities are on the Balance Sheet.
Ratios of Debt Management: Debt to Equity Ratio
The debt to equity ratio indicates how much of a company's financing is provided through debt as compared to equity. This interactive tutorial walks you through the calculations, including where Total Assets and Total Liabilities are on the Balance Sheet.
Ratios of Debt Management: EBITDA Coverage
The EBITDA coverage ratio shows if earnings are able to satisfy all financial obligations including leases and principal payments. (EBITDA is short for earnings before interest, taxes, depreciation, and amortization.) This interactive tutorial walks you through the calculations, including where to find the numbers on the financial statements.
Ratios of Debt Management: Equity Multiplier
The equity multiplier ratio is the factor by which assets grew from the use of debt. This interactive tutorial walks you through the calculations, including where to find the numbers on the financial statements.
Ratios of Debt Management: TIE Ratio
The TIE Ratio shows the ability to pay interest charges out of earnings. (TIE stands for times interest earned.) This interactive tutorial walks you through the calculations, including where to find the numbers on the financial statements.
Ratios of Dividend/Market Value: Dividend Payout Ratio
The dividend payout ratio shows the portion of earnings distributed to stockholders. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the income statement and cash flow statement.
Ratios of Dividend/Market Value: Dividend Yield
The dividend yield ratio shows the earnings distributed to stockholders related to the value of the stock, as calculated on a per-share basis. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the cash flow statement.
Ratios of Dividend/Market Value: Price to Earnings (PE) Ratio
The price to earnings ratio (or PE ratio) relates market price to earnings per share. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the financial statements.
Ratios of Liquidity: Current Ratio
This interactive tutorial explains the current ratio by walking you through the steps, including where to find Current Assets and Current Liabilities on the Balance Sheet. It even lets you use your own numbers, so you can check your homework answers!
Ratios of Liquidity: Quick Ratio
This interactive tutorial explains the Quick Ratio concept, putting the ratio into its proper context, by walking you through the calculations. It also shows you where to find each value on the corresponding financial statement, and even gives you the opportunity to enter your own values.
Ratios of Profitability: Basic Earning Power Ratio
The basic earning power ratio (or BEP ratio) compares earnings apart from the influence of taxes or financial leverage, to the assets of the company. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the financial statements.
Ratios of Profitability: Earnings Per Share
Earnings per share (EPS) is a way to relate income to ownership on a per share basis, and is used in evaluating share price. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the financial statements.
Ratios of Profitability: Gross Profit Ratio
The gross profit ratio indicates how much of each sales dollar is available to meet expenses and profits after merely paying for the goods that were sold. This interactive tutorial explains the gross profit ratio by walking you through the steps, including where Sales and Cost of Goods Sold are on the Income Statement. It lets you use your own numbers -- great for checking homework answers!
Ratios of Profitability: Profit Margin
The profit margin shows the relationship between net income (profit) and sales. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the income statement.
Ratios of Profitability: Return on Assets
Return on assets (ROA) is a percentage of the after-tax income as compared to the total assets of the company. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the income statement and balance sheet.
Ratios of Profitability: Return on Assets (Du Pont)
Return on assets (ROA) is a percentage of the after-tax income as compared to the total assets of the company. Management at Du Pont came up with Return on Assets (Du Pont), an approach that determines the impact of asset turnover and profit margin on profits. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the financial statements.
Ratios of Profitability: Return on Equity
Return on equity (ROE) measures profitability related to ownership. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the financial statements.
Ratios of Profitability: Return on Equity (Du Pont)
Return on equity (ROE) measures profitability related to ownership. Management at Du Pont came up with Return on Equity (Du Pont), an approach that showed that return on equity depends on ROA and the equity multiplier. This interactive tutorial explains the concept by walking you through the calculations, including where to find the numbers on the financial statements.
Ratios of Profitability: Study Sheet of Profitability Ratios
Basic Earning Power (BEP), Earnings Per Share (EPS), Gross Profit, Profit Margin, Return on Assets (ROA), Return on Equity (ROE), ROA DuPont, and ROE DuPont ratios are all explained on this printable Smartacus Study Sheet.
Time Value of Money: Annuities - Present Value and Future Value
Annuities are defined as a stream of payments made over time. Use this tutorial to learn how to solve present and future value of annuity problems with financial calculators or spreadsheet functions.
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Time Value of Money: Calculating Future Value
Future value is a term given to the amount of money we would have at some point in the future, based on what happens between now and then. Use this tutorial to learn how to calculate the future value of an annuity given the present value, periodic interest rate, and number of periods.
Time Value of Money: Compound Interest - Bottomless Worksheet
Use this Bottomless Worksheet to get endless practice on Time Value of Money calculations of compound interest from the principal (or present value), number of periods, and interest rate. Ten new problems to solve, a printed copy, and an answer sheet are all only a click away.
Time Value of Money: Compound Interest - Formula Solver!
Calculating compound interest to determine the time value of money is easy. Learn how to find the interest using present value, number of compounding periods, and interest rate. Use your own values for an added bonus!
Time Value of Money: Compound Interest Made Simple
Compound interest is the method of finding interest where interest is charged on the principal as well as the interest already accumulated. Review a simpler method for finding compound interest with this tutorial.
Time Value of Money: Discounting Future Value
Discounting the future value is the process of figuring out what that future value is in present-day money. Use this tutorial to learn how to calculate the discounted future value given the future value, periodic interest rate, and number of periods.
Time Value of Money: Present Value - Bottomless Worksheet
Get endless time value of money, discounting to find present value, practice problems with this Bottomless Worksheet. Calculate present value from future value, number of periods, and interest rate. At a button-click it creates ten more problems for you to solve, complete with printed copy and answer sheet.
Time Value of Money: Present Value - Formula Solver!
This Flash tutorial walks you through the steps to calculate present value from the future value, interest rate, and number of maturity periods. You can enter your own values, too. Understanding discounting of future values to determine present value is a key concept in understanding the time value of money. The formula for calculating present value is shown here step by step.
Time Value of Money: Rule of 78
The Rule of 78 is a method of allocating interest charges for the life of a loan. Learn how the Rule of 78s works in this tutorial.
Time Value of Money: Simple Interest - Bottomless Worksheet
With this Bottomless Worksheet you can get endless practice on calculating simple interest from the principal amount, number of periods, and interest rate. A printed copy, answer sheet, and another ten problems are all just a button-click away.
Time Value of Money: Simple Interest - Formula Solver!
Calculating simple interest is a snap with this Formula Solver. Learn how to find the interest using the principal, number of interest periods, and interest rate. Use your own values to check your homework!