The rate of return on net sales is calculated as: Question 11 options: A) gross margin / net sales B) net income / net sales C) dividends paid during the year / net sales D) operating income / net sales Question 12 (1 point) A fast turnover indicates ease in selling inventory; a low turnover indicates difficulty. Question 12 options: True False Question 13 (1 point) Accounts payable turnover measures the number of times per year that the entity pays off its accounts payable. Question 13 options: True False Question 14 (1 point) The ratios that measure the ability to sell inventory and collect receivables, as well as pay accounts payable includes all except : Question 14 options: Inventory turnover Accounts receivable turnover Accounts payable turnover Price Earning Ratio

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The detailed answer for the above question is provided below Question 11 The correct option is D ope... View the full answer