Listed below are several terms and phrases associated with revenue recognition and profitability analysis. Pair each item from List A (by letter) with the item from List B that is most appropriately associated withit.

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List A List B 1. Inventory turnover 2. Return on assets 3. Return on shareholders' C. Defers recognition until project is complete a. Net income divided by net sales b. Defers recognition until cash collected equals cost. equity 4. Profit margin on sales d. Net income divided by assets 5. Cost recovery method e. Risks and rewards of ownership retained by seller. 6. Percentage-of f. Contra account to construction in progress completion method 7. Completed contract Net income divided by shareholders' equity method 8. Asset turnover 9. Receivables turnover Recognition is in proportion to work completed 10. Right of return 11. Billings on construction k. Net sales divided by assets h. Cost of goods sold divided by inventory j Recognition is in proportion to cash received contract 12. Installment sales L. Net sales divided by accounts receivable method 13. Consignment sales m. Could cause the deferral of revenue recognition beyond delivery point.