11 . Please use excel sheet in case the values changes Al ' s Sport Store has sales of $ 3,020 , costs of goods sold of $ 2,020 , inventory of $ 523 , and accounts receivable of $ 448 . How many days , on 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 : 22 . Please use excel sheet in case the values changes The Purple Martin has annual sales of $ 4,600 , total debt of $ 1,220 , total equity of $ 2,300 , and a profit margin of 6 percent . What is the return on assets ? 23 . Please use excel sheet in case the values changes Galaxy United , Inc . 2009 Income Statement ($ in millions )
Galaxy United , Inc . 2008 and 2009 Balance Sheets ($ in millions ) What is the return on equity for 2009 ? 24 . P lease use excel sheet in case the values changes