Required Select each of the following ratios with the formula used to compute it. 1. X 2. 3. X X X X 4. 5. Answer is complete but not entirely correct. Formulas (Current assets Inventory - Prepaid expenses) + Current liabilities (Net income - Preferred dividends) + Average outstanding common shares 365 + Inventory turnover (Net income - Preferred dividends) + Average outstanding common shares (Current assets Inventory - Prepaid expenses) + Current liabilities 365 + Accounts receivable turnover (Net income Preferred dividends) + Average outstanding common shares 365+ Accounts receivable turnover (Net income - Preferred dividends) + Average outstanding common shares (Net income - Preferred dividends) + Average outstanding common shares (Current assets Inventory - Prepaid expenses) + Current liabilities (Net income - Preferred dividends) + Average outstanding common shares Ratios Working capital Current ratio Quick ratio Accounts receivable turnover Average days to collect receivables Inventory turnover Average days to sell inventory Debt-to-assets ratio Debt-to-equity ratio Return on investment Return on equity Earnings per share 6. X 7. 8. 9. X 10. 11. 12