The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard Corp's sales last year were $42,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)? a. 2.68 - O b. 2.63 O c. 2.31 o d. 3.15 oo e. 2.36 Song Corp's stock price at the end of last year was $16.75 and its earnings per share for the year were $1.30. What was its P/E ratio? O a. 12.88 O b.9.79 Oc 11.98 O d. 14.82 olo e. 15.72 Considered alone, which of the following would increase a company's current ratio? a. An increase in accrued liabilities. - O b. An increase in net fixed assets. An increase in potes payable. blem 4.06 : Not Answered L o d . An increase in accounts receivable. O e. An increase in accounts payable