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Matching Each Ratio with Its Computational Formula LO 13-4, 13-5, 13-6, 13-7 Match each definition with its related ratios or percentages by selecting the appropriate
Matching Each Ratio with Its Computational Formula LO 13-4, 13-5, 13-6, 13-7 Match each definition with its related ratios or percentages by selecting the appropriate letter in the drop down provided. Definitions: A. Net Income (before extraordinary items)/Net Sales B. Days in Year/Receivable Turnover ratio C. Net Income/Average Stockholders' Equity D. Net Income/Average Number of Shares of Common Stock Outstanding E. Return on Equity-Return on Assets E. Return on equity - Return on Assets F. Quick Asset/Current Liabilities G. Current Assets/Current Liabilities H. Cost of Goods Sold/Average Inventory I. Net Credit Sales/Average Net Receivables J. Days in Year/Inventory Turnover Ratio K. Total Liabilities/Stockholders' Equity L. Dividends per Share/Market Price per Share M. Market Price per Share/Earnings per Share N. [Net Income + Interest Expense (net of tax)]/Average Total Assets O. Cash from Operating Activities (before interest and taxes)/Interest Paid P. Net Sales Revenue/Net Fixed Assets Q. (Net Income + Interest Expense + Income Tax Expense)/Interest Expense
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