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ACC 232, Chapter 13

Across
Net income divided by net sales
To calculate the total asset turnover, divide net sales by the average total _____
The total current assets minus the total current liabilities
The relative amount of debt and equity refers to a company's capital _____
The type of analysis that compares a company's financial condition and performance to a base amount
The type of analysis that compares a company's financial condition and performance over time
How productive a company is in using its assets
A company is considered more risky if its capital structure contains more of this
The general purpose financial statement that shows a company's revenues and expenses
Ratio equal to cash dividends per share divided by the market price per share
To calculate the accounts receivable turnover ratio, divide the average accounts receivable into this,
To calculate the inventory turnover ratio, divide cost of goods sold by the average of this asset
The use of debt to increase the return to stockholders is known as financial _____
Ability to meet short-term obligations
The debt-to-equity ratio is equal to total liabilities divided by total _____
Down
A form of horizontal analysis that can reveal patterns in data across successive periods
The ability to generate positive market expectations
The price-earnings ratio is equal to the market price per common share divided by earnings per _____
The total current assets divided by the total current liabilities
The general purpose financial statement that shows a company's assets. liabilities, and equity
Ability to generate enough net income to attract and retain financing
The times interest earned ratio is equal to net income before interest expense and income tax expense with this difference divided by this type of expense
Another name for the acid-test ratio
Return on total assets is equal to average total assets divided into _____ _____
Ability to meet long-term obligations