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If you have difficulty answering the following questions, learn more about this topic by reading our Financial Ratios (Explanation).
|1. Current assets minus current liabilities is _________ capital.||WORKING GRNOKWI||Unscramble|
|2. Current assets divided by current liabilities is the __________ ratio.||CURRENT RTUCENR||Unscramble|
|3. Cost of goods sold divided by average inventory is the inventory ______________.||TURNOVER RRETNVOU||Unscramble|
|4. Net ______ sales divided by accounts receivable is the receivables turnover ratio.||CREDIT RDEICT||Unscramble|
|5. Days' sales in accounts receivable is 365 divided by the ____________ turnover ratio.||RECEIVABLES BESVEELARIC||Unscramble|
|6. This is excluded from the current assets when calculating the quick ratio.||INVENTORY TRNEYOVNI||Unscramble|
|7. Another name for the quick ratio is the ______ test ratio.||ACID CADI||Unscramble|
|8. _________ analysis results in all income statement amounts expressed as a percentage of net sales.||VERTICAL TREILAVC||Unscramble|
|9. __________-size balance sheets show all amounts as a percentage of total assets.||COMMON OMCNOM||Unscramble|
|10. ____________ analysis results in amounts expressed as a percentage of an earlier, base year.||HORIZONTAL LAOOTHINZR||Unscramble|
|11. The debt to equity ratio is the ratio of ____________ to stockholders' equity.||LIABILITIES BIISTEIIALL||Unscramble|
|12. When dividing income statement amounts by balance sheet amounts, it is logical to use an ___________ of the balance sheet amounts.||AVERAGE GEVRAAE||Unscramble|
|13. Financial ratios are part of financial statement ___________.||ANALYSIS SNIYASLA||Unscramble|
|14. The current ratio and the quick ratio are indicators of a company's ___________.||LIQUIDITY IIUDYTIQL||Unscramble|
|15. The profit margin ratio and the return on assets are indicators of a company's ____________.||PROFITABILITY IYITATLORIBPF||Unscramble|
|16. A very large amount of debt in relation to the amount of assets indicates that a company is highly _______________.||LEVERAGED DEAGREEVL||Unscramble|
|17. Vertical analysis is associated with __________-size financial statements.||COMMON OOCMMN||Unscramble|
|18. Horizontal analysis is associated with _______ analysis.||TREND DERTN||Unscramble|
|19. The receivables ______________ ratio is net credit sales divided by the average amount of accounts receivable.||TURNOVER NVUORERT||Unscramble|
|20. Accountants calculate the inventory turnover ratio by dividing the ______ of goods sold by the average inventory.||COST SOCT||Unscramble|
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