Match each of the following terms with the appropriate formulas.
-$\frac{\text { Net sales }}{\text { Average total assets }}$

A)Debt ratio
B)Days' sales in inventory
C)Return on common stockholders' equity
D)Inventory turnover
E)Dividend yield
F)Days' sales uncollected
G)Profit margin ratio
H)Gross margin ratio
I)Times interest earned
J)Total asset turnover

Question

Match each of the following terms with the appropriate formulas.
-$\frac{\text { Net sales }}{\text { Average total assets }}$

A)Debt ratio
B)Days' sales in inventory
C)Return on common stockholders' equity
D)Inventory turnover
E)Dividend yield
F)Days' sales uncollected
G)Profit margin ratio
H)Gross margin ratio
I)Times interest earned
J)Total asset turnover

Quizplus · Accepted Answer

The formula $\frac{\text{Net sales}}{\text{Average total assets}}$ is used to calculate the Total Asset Turnover, which measures how efficiently a company uses its assets to generate sales.

Match Each of the Following Terms with the Appropriate Formulas Net sales Average total assets \frac{\text { Net sales }}{\text { Average total assets }} Average total assets Net sales ​

Match Each of the Following Terms with the Appropriate Formulas $\frac{\text { Net sales }}{\text { Average total assets }}$