U Question 1 How do you transform a balance sheet into a common size balance sheet? Divide each entry by the sales for the Divide each entry by the totale O Multiply each entry by net income for the ye O Divide each entry by total current as Question 2 Which of the following is usually the smallest? O Gross margin o Operating margin ON Promargin Question 3 When calculating quick ratio, which of the following is not considered as the most liquid current asset so as not to be included Och O account receivable inventory D Question 4 If a company has lower assetto-equity and debt-to-equity ratios compared to its peers in the same industry, what does it mean? The company has high leverage compared to its peers The company has low leverage compared to its per The company has higher than its peers The company purchases more without that pers Question 5 ABC Corp has a debt-to-equity ratio of 1. What is it's total debito-asset to? 01 005