CP 13-1 I Required: Match the following ratios with the appropriate formula. Ratio or Rate Acid-test Formula a. Income from operations Interest expense Current b. Total liabilities Stockholders' equity C. Net income, preferred stock dividends Number of outstanding common shares Return on stockholders' equity Times interest earned d. Net sales Average total assets Earnings per share e. Market price per share Earnings per share f. Accounts receivable collection period Current assets Current liabilities Sales to total assets 8. Average inventory x 365 days Cost of goods sold Dividend yield h. Net income Net sales Price-earnings ratio i. Income from operations Average total assets Number of days of sales in Inventory j. Dividends per share Market price per share Debt to s/h equity ratio k. Net income Average stockholders' equity Net profit ratio I. Quick current assets Current liabilities Accounts receivable collection period m. Average accounts receivable x 365 days Net credit sales Return on total assets n. Average accounts receivable x 365 days Net credit sales