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average, does it take the firm to sell its inventory assuming that all sales are on credit? 12. Which statement expresses all accounts as a percentage of total assets? 13. The inventory turnover ratio is measured as: The quick ratio is measured as: 14. The total asset turnover ratio measures the amount of: 15. A firm has a debt-equity ratio of .44. What is the total debt ratio? 16. Please use excel sheet in case the values changes A firm has total debt of $1,340 and a debt-equity ratio of .27. What is the value of the total assets? 17. Please use excel sheet in case the values changes A firm has a total debt ratio of .47. This means the firm has 47 cents in debt for every: 18. Which one of the following sets of ratios would generally be of the most interest to stockholders? 19. Ratios that measure how efficiently a firm's management uses its assets and equity to generate bottom line net income are known as _______ ratios. Ratios that measure a firm's ability to pay its bills over the short run without undue stress are known as: 20. The higher the inventory turnover, the: 21. The debt-equity ratio is measured as: