1. Profitability ratios:

	measure the amount of debt the firm uses.
	measure how effectively a firm is managing its assets.
	show the relationship of a firms cash and other current assets to its current liabilities.
	show the combined effects of all areas of the firm on operating results.

2. AAA's inventory turnover ratio is 17.58 based on sales of $22,500,000. The firm's current ratio equals 9.47 with current liabilities equal to $380,000. If the firm's cash and marketable securities equal $672,434, what is the firm's days sales outstanding? (Round your answer to two decimal places.)

	58.38
	47.47
	26.71
	37.62
	24.39