Required: Match the following ratios with the appropriate formula. Formula Income from operations Ratio or Rate Acid-test

Required: Match the following ratios with the appropriate formula.

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Formula Income from operations Ratio or Rate Acid-test a. Interest expense current b. Total liabilities Shareholders' equity Return on shareholders equity Net income-preferred share dividends Number of common shares outstanding c. Times interest earned Net sales Average total assets e. Market price per share -Earnings per share Earnings per share Accounts receivable collection period f. Current assets Current liabilities Sales to total assets g. Average inventory x 365 days Cost of goods sold -Dividend yield h. Net income Net sales Price-earnings ratio i. Income from o ations Average total assets Number of days of sales in. Dividends per share Inventory Market price per share Debt to shareholders' equity ratio k. Net income Average shareholders' equity Net profit ratio Current liabilities Accounts receivable collection period m. Avera unts receiva Net credit sales Return on total assets . Ave Net credit sales