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Match the ratio with the formula. Sales Average Working Capital Net Sales Average Gross Receivables 4 Current Assets - Current Liabilities A. days' sales in

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Match the ratio with the formula. Sales Average Working Capital Net Sales Average Gross Receivables 4 Current Assets - Current Liabilities A. days' sales in receivables B. accounts receivable turnover C. accounts receivable turnover in days D. days' sales in inventory E. inventory turnover F. inventory turnover in days G. operating cycle H.working capital I. current ratio J. acid-test ratio K. cash ratio L. sales to working capital . Cash Equivalents + Marketable Securities + Net Receivables Current Liabilities Gross Receivables Net Sales/365 Average Gross Receivables Net Sales/365 Average Inventory Cost of Goods Sold/365 Cash Equivalents + Marketable Securities Current Liabilities Current Assets Current Liabilities + Accounts Receivable Turnover in Days Inventory Turnover in Days Cost of Goods Sold Average Inventory Ending Inventory Cost of Goods Sold/365

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