(These are the options for each one when the arrow drops down)

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(Cash + Marketable securities + Receivables) / Current liabilities

(Net income + After-tax interest) / Sales

After-tax operating income / Sales

Cost of goods sold / Inventory at start of year

Current assets / Current liabilities

Current liabilities / Current assets

Long-term debt / (Long-term debt + Equity)

Long-term debt / Equity

Net income / Average equity

Receivables at start of year / Average daily sales

Sales / (Average receivables / 365)

Total sales / Average inventory

Choose the correct definition for the following financial ratios. a. Long-term debt-equity ratio b. Return on equity c. Operating profit margin d. Inventory turnover e. Current ratio f. Average collection period- g. Quick ratio =