#1
August 5th, 2017, 01:27 PM
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Equations to know for RD Exam
Hi I am interested in having the lists of the important financial equation which one has to remember for appearing for the RD Examination?
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#2
August 5th, 2017, 01:49 PM
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Re: Equations to know for RD Exam
The lists of the important financial equation which one has to remember for appearing for the RD Examination are as follows: Current Ratio Current Cost/Current Liabilities Acid test Ratio Cash + Accounts Receivable + Marketable Securities/Current Liabilities; want to be >1 (means you can pay your bills) Inventory Turnover Cost of Goods Sold/Average Inventory Value Percentage of Occupancy # of beds occupied/# of beds available Return on Equity Net Profit/Equity Return on Assets Net Profit/Assets Profit Margin Net Profit/Sales Gross profit/loss Sales-Cost of Goods Sold Net Profit/Loss Gross profit-labor cost-operating cost Food cost percent Food cost/sales Labor cost percent labor cost/sales Meals per labor hour Total number of meals served/total labor hours to produce meals Labor minutes per meal Total labor minutes to produce meals/total number of meals served Break-even point Fixed cost/1- (variable costs/sales) Food Productivity ratio Food cost per patient day, food cost per meal Labor productivity ratio Labor cost per patient day, labor cost per meal Mark up factor 100%/Food Cost %; Menu price= raw food cost x factor Prime cost raw food cost + direct labor cost Actual cost Food cost+ labor cost+ other variable cost+ fixed cost+ profit Edible Portion As purchased amount x % yield As purchased Edible Portion/% yield |