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You are evaluating the solvency of TockTick Company. Which of the following would you use? Select all that apply. Asset turnover ratio: (net sales /

You are evaluating the solvency of TockTick Company. Which of the following would you use? Select all that apply.

Asset turnover ratio: (net sales / average total assets)

Inventory turnover: (cost of goods sold / average inventory)

Accounts receivable turnover: (net sales / average accounts receivable)

Times interest earned ratio: ((net income + interest expense + income tax expense) / interest expense)

Current ratio: (current assets / current liabilities)

Return on common stockholders' equity: ((net income - preferred stock dividends) / average common stockholders' equity)

Debt to total assets ratio: (total liabilities / total assets)

Gross profit rate: (gross profit / net sales)

Profit margin: (net income / net sales)

Return on assets ratio: (net income / average total assets)

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