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. Ratios or Percentages hes Formula 1. Not 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 Not credit sales revenue Average net receivables 6. (Net income - Preferred dividends) - Average number of common shares outstanding 7 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