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Match Each of the Following Terms with the Appropriate Definitions

Question 188

Matching

Match each of the following terms with the appropriate definitions.

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

Correct Answer:

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