Question 1 10 out of 10 points Match the ratio with the formula . • Question Sales Average Working..

Question 1 10 out of 10 points Match the ratio with the formula . • Question Sales Average Working..

Question 1
10 out of 10 points
Match the ratio with the formula.
•
Question
Sales
Average Working Capital
Net Sales
Average Gross Receivables
Current Assets – Current Liabilities
Cash Equivalents + Marketable Securities + Net Receivables
Current Liabilities
Gross Receivables
Net Sales/365
Average Gross Receivables
Net Sales/365
Average Inventory
Cost of Goods Sold/365
Cash Equivalents + Marketable Securities
Current Liabilities
Current Assets
Current Liabilities
Accounts Receivable + Inventory Turnover
Turnover in Days in Days
Cost of Goods Sold
Average Inventory
Ending Inventory
Cost of Goods Sold/365
•
All Answer Choices
A.
days' sales in receivables
B.
accounts receivable turnover
C.
accounts receivable turnover in days
D.
days' sales in inventory
E.
inventory turnover
F.
inventory turnover in days
G.
operating cycle
H.
working capital
I.
current ratio
J.
acid-test ratio
K.
cash ratio
L.
sales to working capital