7. In Net Profit Ratio, the denominator is:(a)Net Purchases,(b)Net Sales, (c) Credit Sales, (d) Cost of goods sold.

8. Inventory Turnover measures the relationship of inventory with:

(a) Average Sales, (b)Cost of Goods Sold, (c)Total Purchases, (d) Total Assets.

9. The term 'EVA' is used for:

(a)Extra Value Analysis, (b)Economic Value Added,(c)Expected Value Analysis,(d)Engineering Value Analysis