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

Select from the optiSelect 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. Ratio Type 1. Current ratio Liquidity ratio 2. Inventory turnover ratio Activity ratio 3. Asset turnover Activity ratio 4. Quick ratio Liquidity ratio 5. Times-interest-earned ratio 6. Accounts receivable turnover Activity ratio 7. Profit margin on sales on 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

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