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 het profit margin inventory turnover ratio Formula 1. Not income - Total revenue 2. (Netwou revenue cost of goods sold) - Niet sales revenue 3. Current assets Current bites 4. Cost of goods sold - Average inventory 5. Net credit sales revenue. Average not receivables 6 (Not Income - Preferred dividends) - Average number of common shares outstanding 7 Total abilities - Total assets 8. Net income Interest expense Income tax expense) - Interest expense 3. Current market price per share aming per share 10. Net Income-Preferred dividends) - Average common stockholders equity 11 Total revenue Average not fired