)Three Hundred Sixty-Five days in a year divided by accounts receivable turnover. A) Average accounts receivable B) Net profit ratio C) Return on asset D) Days of receivable 2) Credit sales divided by Average Accounts Receivable is A) Accounts receivable turnover B) Days of receivable C) Debt ratio D) Equity ratio 3) Total liabilities divided by Total Equity A) Return on Assets B) Return on equity C) Equity ratio D) Debt-to-equity ratio 4) Current Assets minus current liabilities is A) Current ratio B) Working Capital C) Debt ratio D) Quick ratio 5) Total equity over Total assets is A) Return on equity B) Equity ratio C) Debt-to-asset ratio D) Debt-to-equity ratio 6) Cost of sales divided by Average Inventory A) Debt ratio B) Average Inventory C) Days of inventory D) Inventory Turnover 7) It is a much stricter version of the current ratio wherein the numerator included only cash, accounts receivable, and marketable securities. A) Current ratio B) Working Capital C) Debt ratio D) Quick ratio 8) Gross profit over Net Sales is A) Return on assets B) Net profit ratio C) Gross profit ratio D) Debt-to-equity ratio 9) Current assets divided by current liabilities is A) Current ratio B) Working Capital C) Debt ratio D) Quick ratio 10) Profit or loss divided by total assets A) Return on assets B) Net profit ratio C) Gross profit ratio D) Debt-to-equity ratio