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Match each of the following terms with the appropriate formulas. Total asset turnover Ending inventory cost of goods sold) x 365- Days' sales in inventory
Match each of the following terms with the appropriate formulas. Total asset turnover Ending inventory cost of goods sold) x 365- Days' sales in inventory Annual cash dividends per share/Market price per share Days' sales uncollected Net sales/Average total assets- Debt ratio Cost of goods sold/Average inventory Times interest earned (Net income preferred dividends)/Average common stockholders' equity- Return on common stockholders' equity (Net sales Cost of goods sold)/Net sales Gross margin ratio (Accounts receivable Net sales) x 365 Dividend yield Net income/Net sales Inventory turnover Income before interest expense and income taxes/Interest expense Profit margin ratio Total liabilities/Total assets
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