Match the ratios with their formulas by entering the appropriate letter in the space provided.
-
Net sales/Average total assets

A)Current ratio
B)Price-earnings ratio
C)Profit margin
D)Asset turnover
E)Earnings per share
F)Times interest earned
G)Inventory turnover
H)Average collection period
I)Days in inventory
J)Payout ratio

Question

Match the ratios with their formulas by entering the appropriate letter in the space provided. 
-
Net sales/Average total assets

A)Current ratio
B)Price-earnings ratio
C)Profit margin
D)Asset turnover
E)Earnings per share
F)Times interest earned
G)Inventory turnover
H)Average collection period
I)Days in inventory
J)Payout ratio

Quizplus · Accepted Answer

The formula for Asset Turnover is Net sales divided by Average total assets.

Match the Ratios with Their Formulas by Entering the Appropriate