If sales is $1,000,000, cost of merchandise sold is $750,000, and average inventory is $220,000, how much would be inventory turnover? 1.3 O 3.4 1.1 O O 4.5 Question 4 1.43 pts The debt ratio measures the percent of the company's assets financed by debt. True O False Question 5 1.43 pts The percentage analysis of the relationship of each component in a financial statement to a total or base within the statement is referred as vertical analysis. True O False