{"id":3224,"date":"2023-02-20T05:37:18","date_gmt":"2023-02-20T05:37:18","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/financial-ratio-for-bank-of-america\/"},"modified":"2023-02-20T05:37:18","modified_gmt":"2023-02-20T05:37:18","slug":"financial-ratio-for-bank-of-america","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/financial-ratio-for-bank-of-america\/","title":{"rendered":"Financial ratio for Bank of America"},"content":{"rendered":"<div class=\"col-sm-12 messageContent\">\n <b>Learning Goal: <\/b>I&#8217;m working on a accounting multi-part question and need an explanation and answer to help me learn.<\/p>\n<p>Bank of America<\/p>\n<p>Profitability ratio<\/p>\n<p>Gross profit margin% = (Sales \u00e2\u20ac\u201c Cost of goods sold) \/ Sales<\/p>\n<p>Net profit margin % = Net Income \/ Sales<\/p>\n<p>Liquidity ratio<\/p>\n<p>Current ratio= Current asssets\/ Current liabilities<\/p>\n<p>Inventory turnover: Cost of goods sold \u00c3\u00b7 inventory balance<\/p>\n<p>Leverage ratio<\/p>\n<p>Debt to Equity Ratio: (Total Debt \u00c3\u00b7 Total Equity)<\/p>\n<p>Debt to Total Capitalization: (Debt \u00c3\u00b7 (Debt + Equity<\/p>\n<p>Asset efficiency<\/p>\n<p>Total asset turnover = Sales \/ Total assets<\/p>\n<p>Fixed asset turnover = Sales \/ Fixed assets<\/p>\n<p>Operating returns<\/p>\n<p>Return on Equity: Net Income \u00c3\u00b7 Equity<\/p>\n<p>Return on Assets: Net Income \u00c3\u00b7 Total Assets<\/p>\n<p>Market ratio<\/p>\n<p>Price-to-Earnings (P\/E) ratio: (Price of one share \u00c3\u00b7 Earnings of one share<\/p>\n<p>Dividend Yield ratio: (Dividends per share \u00c3\u00b7 Stock price per share<\/p>\n<\/p>\n<p>The DuPont system<\/p>\n<p>ROE = Net Income X Sales X Assets<\/p>\n<p>Sales Assets Equity<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Learning Goal: I&#8217;m working on a accounting multi-part question and need an explanation and answer to help me learn. Bank of America Profitability ratio Gross profit margin% = (Sales \u00e2\u20ac\u201c Cost of goods sold) \/ Sales Net profit margin % = Net Income \/ Sales Liquidity ratio Current ratio= Current asssets\/ Current liabilities Inventory turnover: [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[644],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/3224"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=3224"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/3224\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=3224"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=3224"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=3224"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=3224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}