Question: For each the ratios given below indicate: 1. Its formula 2. Where the inputs come from: - a. Only the balance sheet - b. Only

For each the ratios given below indicate:

1. Its formula

2. Where the inputs come from:

- a. Only the balance sheet

- b. Only the income statement

- c. Both the balance sheet and the income statement

3. what they measure

Accounts receivable turnover

1. Its formula

2. Where the inputs come from:

- a. Only the balance sheet

-b. Only the income statement

- c. Both the balance sheet and the income statement

3. what they measure

Acid-test ratio

1. Its formula

2. Where the inputs come from:

- a. Only the balance sheet

- b. Only the income statement

-c. Both the balance sheet and the income statement

3. what they measure

Thank you

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