10 Questions
Accounts receivable Turnover = Credit sales / Ave. ______
accounts
Inventory Turnover = Cost of goods sold / average ______
inventory
Current Ratio= Current assets / current ______
liabilities
Debt to ______ ratio = Total debt / total assets
asset
Debt to ______ ratio = Long term debt / equity
equity
Gross profit margin = (sales - cost of ______) / sales
sales
Net profit margin = Net ______ / sales
income
Return on ______ = net income / average stockholders’ equity
equity
Operating Return on ______ = operating income / average total assets
assets
Fixed Asset Turnover = Sales / average ______ assets
fixed
Practice calculating gross profit margin and net profit margin using sales, cost of sales, and net income with this quiz. Test your understanding of financial management principles.
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