Question: Select from the option list provided to indicate whether each ratio below is a liquidity ratio, activity ratio, leverage ratio, or profitability ratio. Each choice

Select from the option list provided to indicate whether each ratio below is a liquidity ratio, activity ratio, leverage ratio, or profitability ratio. Each choice may be used once, more than once, or not at all.

RatioType

1 .

Current ratio

2 .

Inventory turnover ratio

3 .

Asset turnover

4 .

Quick ratio

5 .

Times

-

interest

-

earned ratio

6 .

Accounts receivable turnover

7 .

Profit margin on sales

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