E13-6 Matching Each Ratio with Its Computational Formula [LO 13-4] Match each formula with its ratio or percentage by selecting the appropriate ratio or percentage for each numbered item.

Formula Ratios or Percentages 1. Net income + Total revenue 2. (Net sales revenue - Cost of goods sold) + Net sales revenue 3. Current assets + Current liabilities 4. Cost of goods sold + Average inventory 5. Net credit sales revenue + Average net receivables 6. (Net income - Preferred dividends) + Average number of common shares outstanding Total liabilities + Total assets 8. (Net income + Interest expense + Income tax expense) + Interest expense | 9. Current market price per share + Earnings per share 10. (Net income-Preferred dividends) + Average common stockholders' equity 11. Total revenue + Average net fixed assets 7