Solved

Match Each of the Following Formulas with the Appropriate Terms

Question 169

Matching

Match each of the following formulas with the appropriate Terms

Premises:
extTotalliabilitiesextTotalassets\frac{ext {Total liabilities}}{ext {Total assets }}
extIncomebeforeinterestexpenseandincometaxesextInterestexpense\frac{ext {Income before interest expense and income taxes }}{ext {Interest expense }}
extNetincome−PreferreddividendsextAveragecommonstockholders′equity\frac{ext {Net income - Preferred dividends }}{ext {Average common stockholders' equity }}
extNetincomeextNetsales\frac{ext {Net income }}{ext { Net sales}}
extAnnualcashdividendspershareextMarketpricepershare\frac{ext {Annual cash dividends per share }}{ext {Market price per share }}
extNetsales−CostofgoodssoldextNetsales\frac{ext { Net sales - Cost of goods sold}}{ext {Net sales }}
extCostofgoodssoldextAverageinventory\frac{ext { Cost of goods sold}}{ext { Average inventory }}
extAccountsreceivable,netextNetsales\frac{ext {Accounts receivable, net }}{ext { Net sales}} * 365
extNetsalesextAveragetotalassets\frac{ext { Net sales}}{ext { Average total assets }}
extEndinginventoryextCostofgoodssold\frac{ext {Ending inventory }}{ext {Cost of goods sold }} * 365
Responses:
Days' sales uncollected
Profit margin ratio
Days' sales in inventory
Debt ratio
Times interest earned
Inventory turnover
Return on common stockholders' equity
Dividend yield
Gross margin ratio
Total asset turnover

Correct Answer:

extTotalliabilitiesextTotalassets\frac{ext {Total liabilities}}{ext {Total assets }}
extIncomebeforeinterestexpenseandincometaxesextInterestexpense\frac{ext {Income before interest expense and income taxes }}{ext {Interest expense }}
extNetincome−PreferreddividendsextAveragecommonstockholders′equity\frac{ext {Net income - Preferred dividends }}{ext {Average common stockholders' equity }}
extNetincomeextNetsales\frac{ext {Net income }}{ext { Net sales}}
extAnnualcashdividendspershareextMarketpricepershare\frac{ext {Annual cash dividends per share }}{ext {Market price per share }}
extNetsales−CostofgoodssoldextNetsales\frac{ext { Net sales - Cost of goods sold}}{ext {Net sales }}
extCostofgoodssoldextAverageinventory\frac{ext { Cost of goods sold}}{ext { Average inventory }}
extAccountsreceivable,netextNetsales\frac{ext {Accounts receivable, net }}{ext { Net sales}} * 365
extNetsalesextAveragetotalassets\frac{ext { Net sales}}{ext { Average total assets }}
extEndinginventoryextCostofgoodssold\frac{ext {Ending inventory }}{ext {Cost of goods sold }} * 365
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