Question 32 (0.5 points) Use the following information to answer questions below: 2012 2011 Total current assets Total non-current assets Total current liabilities Long-term borrowings Share capital Revenue Gross profit Retained earnings Operating income Profit for the year $ 700,000 1,500,000 500,000 800,000 800,000 2,900,000 800,000 200,000 240,000 $ 100,000 $ 600,000 1,400,000 400,000 600,000 700,000 2,300,000 600,000 100,000 200,000 $ 60,000 Calculate the return on revenue ratio for both years: Ratios Question 33 (0.5 points) Debt-to-equity ratio measures the proportion of debt used compared to the amount of retained earnings that the business has accumulated over the years. 1) False 2) True Question 34 (0.5 points) Which of the following is a measure of liquidity? total assets turnover ratio average collection period return on revenue ratio current ratio Question 35 (0.5 points) The statement of cash flows is also called the statement of changes in financial position. 1) True 2) False Question 36 (0.5 points) Which of the following is an asset-management measure? return on assets times-interest-charges average collection period current ratio