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Financial Formulas Quiz

#1

What is the formula for calculating compound interest?

A = P(1 + r)^t
Explanation

A: Amount after interest, P: Principal amount, r: Interest rate, t: Time period

#2

Which formula is used to calculate the present value of an annuity?

PV = P / (1 + r)^n
Explanation

PV: Present value, P: Payment per period, r: Interest rate per period, n: Number of periods

#3

Which formula is used to calculate the price-to-earnings (P/E) ratio of a company?

P/E = Earnings per share / Price per share
Explanation

P/E: Price-to-earnings ratio, Earnings per share: Net income / Number of shares, Price per share: Market price per share

#4

What is the formula for calculating the quick ratio (acid-test ratio)?

Quick Ratio = (Current Assets - Inventory) / Current Liabilities
Explanation

Quick Ratio: Measure of liquidity, Current Assets: Assets easily convertible to cash, Inventory: Stocks of goods, Current Liabilities: Debts due within one year

#5

Which formula is used to calculate Return on Equity (ROE)?

ROE = Net Income / Total Equity
Explanation

ROE: Return on equity, Net Income: Profit after tax, Total Equity: Total shareholder's equity

#6

What is the formula for calculating the earnings per share (EPS) ratio?

EPS = Net Income / Average Outstanding Shares
Explanation

EPS: Earnings per share, Net Income: Profit after tax, Average Outstanding Shares: Average number of shares outstanding during the period

#7

What is the formula for calculating the future value of an investment with continuous compounding?

FV = Pe^(rt)
Explanation

FV: Future value, P: Principal amount, e: Euler's number (~2.71828), r: Interest rate, t: Time period

#8

Which formula is used to calculate the dividend growth rate (g) in the Gordon Growth Model (Dividend Discount Model)?

g = (D1 - D0) / D0
Explanation

g: Dividend growth rate, D1: Expected future dividend, D0: Current dividend

#9

Which formula is used to calculate the net present value (NPV) of a series of cash flows?

NPV = ∑(CF / (1 + r)^t)
Explanation

NPV: Net present value, CF: Cash flow at time t, r: Discount rate, t: Time period

#10

What is the formula for calculating the interest coverage ratio?

Interest Coverage Ratio = EBIT / Interest Expense
Explanation

EBIT: Earnings before interest and taxes, Interest Expense: Cost of borrowing

#11

Which formula is used to calculate the Sharpe ratio?

Sharpe Ratio = (Portfolio Return - Risk-Free Rate) / Standard Deviation of Portfolio Return
Explanation

Portfolio Return: Return on portfolio, Risk-Free Rate: Return on risk-free investment, Standard Deviation: Measure of volatility

#12

What is the formula for calculating the dividend yield?

Dividend Yield = Dividends per share / Stock Price
Explanation

Dividend Yield: Yield earned by investing in a stock, Dividends per share: Total dividends paid out per share, Stock Price: Market price per share

#13

What is the formula for calculating the Weighted Average Cost of Capital (WACC)?

WACC = (E/V * Re) + (D/V * Rd) * (1 - Tax Rate)
Explanation

WACC: Weighted Average Cost of Capital, E: Equity, V: Total capital, Re: Cost of equity, D: Debt, Rd: Cost of debt

#14

Which formula is used to calculate the Black-Scholes option pricing model?

Black-Scholes Formula = (S * N(d1)) - (X * e^(-rt) * N(d2))
Explanation

S: Current stock price, X: Strike price, r: Risk-free rate, t: Time to expiration, N(d1), N(d2): Cumulative standard normal distribution functions

#15

Which formula is used to calculate the Economic Order Quantity (EOQ) in inventory management?

EOQ = sqrt((2 * D * S) / H)
Explanation

EOQ: Economic Order Quantity, D: Demand rate, S: Ordering cost per order, H: Holding cost per unit per period

#16

Which formula is used to calculate the Gordon Growth Model (Dividend Discount Model)?

V0 = D1 / (r - g)
Explanation

V0: Present value of stock, D1: Expected dividend next period, r: Required rate of return, g: Dividend growth rate

#17

What is the formula for calculating the future value of an annuity due?

FV = P * ((1 + r)^n - 1) / r
Explanation

FV: Future value, P: Payment per period, r: Interest rate per period, n: Number of periods

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