4

collection period = 365/receivables turnover. e. None of the above The correct answer is: 37 days COS The ratios that are used to determine a company's short term debt paying abilit Question 4 orrect lark 4.00 out of 200 Select one: a. asset turnover, times interest earned, current ratio, and receivables turno b. Times interest earned, inventory turnover, current ratio, and receivables c. Times interest earned, acid test ratio, current ratio, and inventory turnove d. Current ratio, acid test ratio, receivables turnover, and inventory turnover e. Profit margin, asset turnover, return on assets, debt to total assets, curre The correct answer is: Current ratio, acid test ratio, receivables turnover, and ir A weakness of the current ratio is: Question 5 Correct