121. Match each of the following terms with the appropriate formulas. 1. Days' sales uncollected Net sales/ Average total assets 2. Days' sales in inventory (Ending inventory/...





121. Match each of the following terms with the appropriate formulas.

























































1. Days' sales uncollected




Net sales/ Average total assets







2. Days' sales in inventory




(Ending inventory/ cost of goods sold) x 365







3. Total asset turnover




(Accounts receivable x Net Sales) x 365







4. Dividend yield




Total liabilities /Total assets







5. Gross margin ratio




Income before interest expense and income taxes/ Interest expense







6. Times interest earned




(Net income - preferred dividends)/ Average common stockholders' equity







7. Profit margin ratio




(Net sales - Cost of goods sold)/ Net sales







8. Debt ratio




Annual cash dividends per share /Market price per share







9. Inventory turnover




Cost of goods sold /Average inventory







10. Return on common stockholders' equity




Net income /Net sales















May 15, 2022
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