Matching
Consider the formula used to calculate each of the following financial performance ratios.From the list of financial statement items below,match their letters with the ratio it is used to calculate.Some financial statement items will be used more than once.
Premises:
Debt-to-Assets Ratio
ROE
Inventory Turnover Ratio
Times interest earned Ratio
Net Profit Margin
EPS
Responses:
Total Assets
Net Sales Revenue
Average Inventory
Cost of Goods Sold
Income Tax Expense
Net Income
Cash paid for Property,Plant,and Equipment
Interest Paid
Average Shares Outstanding
Net Cash Flows from Operating Activities
Total Liabilities
Average Shareholders' Equity
Correct Answer:
Premises:
Responses:
Total Assets
Net Sales Revenue
Average Inventory
Cost of Goods Sold
Income Tax Expense
Net Income
Cash paid for Property,Plant,and Equipment
Interest Paid
Average Shares Outstanding
Net Cash Flows from Operating Activities
Total Liabilities
Average Shareholders' Equity
Premises:
Total Assets
Net Sales Revenue
Average Inventory
Cost of Goods Sold
Income Tax Expense
Net Income
Cash paid for Property,Plant,and Equipment
Interest Paid
Average Shares Outstanding
Net Cash Flows from Operating Activities
Total Liabilities
Average Shareholders' Equity
Responses:
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