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04. What is the other name for the interest coverage ratio? a. Fixed payment coverage ratio b. Interest turnover ratio cTimes interest earned ratio d.

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04. What is the other name for the interest coverage ratio? a. Fixed payment coverage ratio b. Interest turnover ratio cTimes interest earned ratio d. Interest to liability ratio 05. Measures the ability of the firm to meet its short-term obligations a. Current Ratio b. Inventory Turnover e Debt Ratio d. Average Collection Period ho 06. The average collection period is: a. The average amount of time needed to convert inventory to sales b. The average amount of time needed to collect accounts receivabl c. The average amount of time needed to collect inventory d. The average amount of time needed to collect accounts payable 07. The bellow is not considered one of the interested parties on ratio a) Lawyers b) Current and prospective shareholders c) Creditors d) Management Q8. Gross profit margin measures: a. The percentage of assets remaining after the firm has paid for b. The percentage of each sales dollar remaining after the firm goods. c. The percentage of each sales dollar remaining after the firm creditors. d. The percentage of each sales dollar remaining after the fir stockholders

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