M$13-11($Static$)$ Identifying Relevant Ratios $[$LO $13-4,$ LO $13-5]$

Identify the ratio that is relevant to answering each of the following questions.

a$.$ How much net income does the company earn from each dollar of sales?

b$.$ Is the company financed primarily by debt or equity?

c$.$ How many dollars of sales were generated for each dollar invested in fixed assets?

d$.$ How many days, on average, does it take the company to collect on credit sales made to customers?

e$.$ How much net income does the company earn for each dollar owners have invested in it$?$

f$.$ Does the company have sufficient assets to convert into cash for paying liabilities as they come due in the upcoming year?