7. Ratios that measure the firm's turnover ratios are known as: a. Asset management ratiosb. Long-term solvency ratios c. Profitability ratios d. Market value ratios 8. The financial ratio measured as total debt divided by total asset is the: a. Total debt ratio b. Equity multiplier c. Debt-equity ratio d. Current ratio 9. Total asset turnover is measured as: a. Sales times total assets c. Sales minus total assets b. Total assets divided by sales d. Sales divided by total assets 10. Price Per Earnings (PER) ratio is measured as: a. Net income divided by sales c.Total equity divided by total assets b. Price per share divided by earnings per share d. Net income divided by total assets 11. Which of the following is one of the four factors of the firm growth? a. average tax rate b. receivables turnover c. PER ratio d. dividend policy