Match Each of the Following Terms with the Appropriate Formulas $\frac{\text {Ending inventory }}{\text { Cost of goods sold}}$

question 159

Multiple Choice

Match each of the following terms with the appropriate formulas.
- $\frac{\text {Ending inventory }}{\text { Cost of goods sold}}$ *365

• A)Days' sales in inventory
• B)Dividend yield
• C)Total asset turnover
• D)Inventory turnover
• E)Return on common stockholders' equity
• F)Gross margin ratio
• G)Days' sales uncollected
• H)Profit margin ratio
• I)Times interest earned
• J)Debt ratio

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Definitions:

Interest Rate

The percentage charged or paid for the use of money on a yearly basis.

Guaranteed

A commitment or assurance, often by a third party, that certain conditions will be fulfilled, including payments or the performance of contractual obligations.

Interest Rate

The rate at which a portion of money is applied as a fee for its loan, commonly expressed per annum.

Present Value

The calculated present value of future monetary sums or cash flow series, with a defined rate of return.