Financial Formulas

Financial Measure	Measured in	Calculated as
Sales Increase (Decrease)	%	this period's $ sales - last year's comparable period's $ sales last year's comparable period's $ sales
Gross Margin	%	$ gross profit $ net sales
Operating Expense (S, G, and A)	%	$ operating expenses (s,g, and a) $ net sales
Net Profit	%	$ net profit $ net sales
Earnings per Share	$	$ net profit number of shares outstanding
Dividends per Share	$	$ total dividends paid number of shares outstanding
Inventory Turns	# of times	$ cost of goods sold (income statement) $ inventory (balance sheet)
Current Ratio	ratio	$ total current assets $ total current liabilities
Quick Ratio	ratio	$ total current assets - $ inventory $ total current liabilities
Total Debt to Equity Ratio	ratio	$ total liabilities $ total shareholder's equity

Part 2 Dick's sporting good / Financial Analysis

Financial Measure (see attachment)	Company's Performance Period:2022	Company's Performance Period: 2021	Benchmark: Competitor #1: Fill in name Period:	Benchmark: Industry Norm Period: 2021 Category Killer
Annual Sales Increase /Decrease %				14.4% *(3-year CAGR)
Gross Margin %				48.3%
Operating Expense (S,G,A)%				24.3%
Net Profit Margin %				17.8%
Inventory Turns				2.7
Current Ratio				1.27
Quick Ratio				1.10
Total Debt to Equity Ratio				3.78