10. How would you determine the change in current ratio if a transaction decreases current assets and current liabilities by the same amount? 11. What label is used on accounts receivable turnover? 12. What number is divided by accounts receivable turnover to get days sales in receivable? I. 13. What is the formula to calculate inventory turnover? 14. How is the average inventory calculated? 15. What is the difference between gross profit and net profit? 16. Net profit margin compares net income before taxes with what other financial statement element? 17. Improving return on investment/assets can be done by increasing net profit before taxes