在备考ACCA F7时，死记硬背国际会计准则是远远不够的，还得搞定这些公式多做习题！！

　　我们都知道在备考ACCA F7时，死记硬背国际会计准则是远远不够的，我们还需要结合题目的情景去灵活运用。当然要做到上述这点唯一途径是多做练习题。以下就是F7考试当中最常用到的计算公式，希望对大家复习F7有所帮助。

　　ACC F7考试常用公式归纳如下：　　一．Profitability and return：　　1.Gross profit margin=gross profit margin÷sales×100%　　2.Operating profit margin=PBIT（profit before interests and tax）÷sales×100%　　3.Asset turnover=sales revenue÷capital employed　　4.Capital employed=shareholder’s equity+long-term debts　　=total assets-current liability　　5.ROCE=operating profit margin×asset turnover　　=PBIT÷capital employed×100%　　

二．Liquidity：　　1.Current ratio=current asset÷current liability　　2.Quick ratio=（current asset-inventory）÷current liability　

　三．Working capital analysis：　　1.Receivable days=trade receivable÷credit sales×365　　OR receivable turnover=credit sales÷receivable　　2.Inventory turnover period=inventory÷cost of sales×365　　OR inventory turnover=cost of sales÷inventory　　3.Payable payment period=trade account payable÷purchase（or cost of sales）×365　　OR payable turnover=credit purchase（or cost of sales）÷payable　　4.Operating cycle=inventory holding days+receivable collection days-payable days　

　四．Long-term solvency　　1.Debt ratio=total debts÷equity×100%　　2.Gearing ratio=total long term debt÷（equity+debt）×100%　　Or　　Total long term debt÷（total asset-current liabilities）×100%　　3.Interest cover=PBIT÷interest charges　

　五．Investment ratios　　1.EPS=net profit/loss attributable to ordinary shares÷weighted average number of ordinary shares outstanding during the period　　2.P/E ratio=share price/EPS　　3.Earning yield=EPS/share price　　4.Dividend yield=dividend per share/share price　　5.Dividend cover=net profit attributable to ordinary shares÷dividend paid　　6.Dividend payout=dividend paid÷net profit attributable to ordinary shares