Which of these is purely a performance ratio? cash ratio quick ratio current ratio total asset turnover QUESTION 9 Rankin Corporation had sales of $35,000,000 and net income of $3,000,000 last year, an ROA of 12%. Calculate the total asset turnover. 1.40x 1.16x 2.92x 2.40x none of these QUESTION 10 A company has an average collection period of 21 days. The firm's annual credit sales total $23,389,300. Calculate the firm's accounts receivable. $1,345,686 $2,012,012 $1,946,090 $1,648,567 none of these