Exercise 13-1 (Algo) Building blocks of analysis LO C1 For each ratio, select the building block of financial statement analysis to which it best relates. 1. Accounts receivable turnover 2. Price-earnings ratio 3. Return on total assets 4. Acid-test ratio 5. Gross margin ratio 6. Times interest earned 7. Inventory turnover 8. Profit margin ratio 9. Debt ratio Liquidity and efficiency Market prospects Profitability Solvency