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(a) Classify each of the ratios below as a liquidity, solvency, or profitability ratio. (b) For each of the ratios below, indicate whether a

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(a) Classify each of the ratios below as a liquidity, solvency, or profitability ratio. (b) For each of the ratios below, indicate whether a higher result is generally considered better, worse, or not determinable. The following is a list of the ratios and values we have calculated in this text: Asset turnover (a) Average collection period Basic earnings per share Current ratio Days in inventory Debt to total assets (b) < < > > > > > > > > > > > > > > < < Dividend yield Free cash flow Gross profit margin Inventory turnover Payout ratio Price-earnings ratio Profit margin Receivables turnover Return on assets Return on common shareholders' equity Times interest earned Working capital > < < > > > > > >

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