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Match Each of the Following Formulas with the Appropriate Terms

Question 234

Matching

Match each of the following formulas with the appropriate terms.

Premises:
Net income - Preferred dividends Average common stockholders' equity
(Accounts receivable * 365)/Net sales
Total liabilities/Total assets
Income before interest expense and income taxes/Interest expense
Annual cash dividends per share/Market price per share
(Net sales - Cost of goods sold)/Net sales
Cost of goods sold/Average inventory
______Net sales/Average total assets
Net income/Net sales
(Ending inventory * 365)/Cost of goods sold
Responses:
Days' sales in inventory
Dividend yield
Total asset turnover
Inventory turnover
Return on common stockholders' equity
Gross margin ratio
Days' sales uncollected
Profit margin ratio
Times interest earned
Debt ratio

Correct Answer:

Net income - Preferred dividends Average common stockholders' equity
(Accounts receivable * 365)/Net sales
Total liabilities/Total assets
Income before interest expense and income taxes/Interest expense
Annual cash dividends per share/Market price per share
(Net sales - Cost of goods sold)/Net sales
Cost of goods sold/Average inventory
______Net sales/Average total assets
Net income/Net sales
(Ending inventory * 365)/Cost of goods sold
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