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Question 15 FINANCIAL RATIOS: Which financial ratio is defined as total liabilities divided by total equity? a. Days sales in inventory b. Debt-to-Equity ratio c.

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Question 15 FINANCIAL RATIOS: Which financial ratio is defined as total liabilities divided by total equity? a. Days sales in inventory b. Debt-to-Equity ratio c. Acid-test ratio d. Accounts receivable turnover ratio e. None of the above Question 16 2 points Saved STATEMENT OF CASH FLOW: Company C has net income of 2,000,000, depreciation of 700,000, a decrease in accounts receivable of 300,000, an increase in prepaid expenses of 200,000 and an decrease in accrued expenses of 100,000. Using the indirect method, what is the amount for net cash flow from operating activities? a. 2,700,000 b. 2,100,000 c. 2,000,000 d. 1,900,000 e. None of the above

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