ratios

3 Written Questions

1. Net Sales/Average Total Assets
2. 365/inventory turnover ratio
3. Current Assets/Current Liabilities

3 Multiple Choice Questions

1. net credit sales / average net receivables
   1. price-earnings ratio
   2. asset turnover ratio
   3. inventory turnover ratio
   4. receivables turnover ratio
2. cost of goods sold/average inventory
   1. receivables turnover ratio
   2. inventory turnover ratio
   3. times interest earned ratio
   4. asset turnover ratio
3. current assets - current liabilities
   1. days in inventory
   2. price-earnings ratio
   3. current ratio
   4. working capital

3 True/False Questions

1. price-earnings ratio → Current Assets/Current Liabilities

   True        False

2. times interest earned ratio → net credit sales / average net receivables

   True        False

3. cash debt coverage ratio → Net Sales/Average Total Assets

   True        False