er 13 HW Match each formula with its ratio or percentage by selecting the appropriate ratio or percentage for each numbered item. Ratios or Percentages Formula 1 Net income - Total revenue 2. (Net sales revenue - Cost of goods sold) - Net sales revenue 3 Current assets - Current liabilities 4. Cost of goods sold - Average inventory 5. Net credit sales revenue - Average net receivables 6. (Net income - Preferred dividends) - Average number of common shares outstanding 7. Total liabilities - Total assets 8. (Net income Interest expense + Income tax expense) - Interest expense 2. Current market price per share - Earnings per share 10. (Net income - Preferred dividends) - Average common stockholders' equity 11. Total revenue - Average net foxed assets