Consider the formula used to calculate each of the following financial performance ratios. From the list of financial statement items below, match its letter with the ratio it is used to calculate. Some financial statement items will be used more than once. Some ratios will use one letter from the list and some ratios will use two letters from the list.
Ratio
___ Net Profit Margin
___ Debt-to-assets ratio
___ EPS
___ ROE
___ Days to collect
___ Days to sell
___ Price earnings ratio
___ Current ratio
___ Fixed asset turnover
___ Gross profit percentage
___ Quick ratio
Financial Statement Item
A) Net income
B) Interest paid
C) Cost of goods sold
D) Net sales revenue
E) Total liabilities
F) Total assets at year end
G) Average stockholders' equity
H) Current liabilities
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