Essay
Below is a list of common ratios necessary for financial statement analysis. a. Debt-to-Assets
b. Return on Common Equity
c. Fixed Asset Turnover
d. Total Asset Turnover
e. Debt-to-Equity Ratio
f. Inventory Turnover
g. Current Ratio
h. Quick Ratio
Required:
Match the ratio with the appropriate formula.
1.Net Income ÷ Average Total Common Equity
2.Quick Assets ÷ Current Liabilities
3.Current Assets ÷ Current Liabilities
4.Cost of Goods Sold ÷ Average Inventory
5.Total Liabilities ÷ Total Common Equity
6.Total Revenues ÷ Average Net Fixed Assets
7.Total Revenues ÷ Average Total Assets
8.Total Liabilities ÷ Total Assets
Correct Answer:

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