Accounting 101: Financial Accounting Formulas

Instructor: James Walsh

M.B.A. Veteran Business and Economics teacher at a number of community colleges and in the for profit sector.

This page contains helpful formulas for Accounting 101. You can print it out and use it on the proctored exam to help you practice calculating important pieces of accounting information.

Extended basic formula
Extended


Net Income
Net income


Return on Assets
ROA


Debt to Assets
Debt to assets


Return on Equity
ROE


Straight line Depreciation
Straight line


Straight line Depreciation percentage
Straight line percent


Double Declining Balance
DDB


Asset turnover ratio
Asset turnover


Debt service coverage ratio
Debt service coverage


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