QUESTION 6 Utilizing the information from the previous question please match the following: Liquidity ratios: (1) current ratio Liquidity ratios: (2) quick ratio Solvency ratios: (3) debt ratio Solvency ratios: (4) times interest earned Activity ratios: (5) inventory turnover Activity ratios: (6) fixed asset turnover Operating ratios: (7) food cost percentage Operating ratios: (8) labor cost percentage Profitability ratios: (9) profit margin Profitability ratios: (10) return on assets 0.1247 Profitability ratios: (11) return on investment A. 1.51 B. 0.1085 or 10.85% C. 0.56 or 56.02% D. 0.25 or 24.82% E. 11.93 F. 0.2836 or 28.36% G. 0.32 or 31.83% H. 1.74 I. 6.93 J. 0.1247 or 12.47% K. 1.58
QUESTION 6 Utilizing the information from the previous question please match the following: Liquidity ratios: (1) current ratio Liquidity ratios: (2) quick ratio Solvency ratios: (3) debt ratio Solvency ratios: (4) times interest earned Activity ratios: (5) inventory turnover Activity ratios: (6) fixed asset turnover Operating ratios: (7) food cost percentage Operating ratios: (8) labor cost percentage Profitability ratios: (9) profit margin Profitability ratios: (10) return on assets 0.1247 Profitability ratios: (11) return on investment A. 1.51 B. 0.1085 or 10.85% C. 0.56 or 56.02% D. 0.25 or 24.82% E. 11.93 F. 0.2836 or 28.36% G. 0.32 or 31.83% H. 1.74 I. 6.93 J. 0.1247 or 12.47% K. 1.58
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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QUESTION 6
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Utilizing the information from the previous question please match the following:
Liquidity ratios: (1)current ratio Liquidity ratios: (2) quick ratio
Solvency ratios: (3) debt ratio
Solvency ratios: (4) times interest earned
Activity ratios: (5) inventory turnover
Activity ratios: (6) fixed asset turnover
Operating ratios: (7) food cost percentage
Operating ratios: (8) labor cost percentage
Profitability ratios: (9) profit margin
Profitability ratios: (10) return on assets 0.1247
Profitability ratios: (11) return on investment
A. 1.51
B. 0.1085 or 10.85%
C. 0.56 or 56.02%
D. 0.25 or 24.82%
E. 11.93
F. 0.2836 or 28.36%
G. 0.32 or 31.83%
H. 1.74
I. 6.93
J. 0.1247 or 12.47%
K. 1.58
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