1 which of the follwing financial formulas is incorrecta, Ask an Expert

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1. Which of the follwing financial formulas is INCORRECT?

a. Net worth = Total assets – total liabilities

b. Debt Ratio = Liabilities/Net worth

c. Liquidity Ratio = Liquid Assets/Monthly Expenses

d. Savings Ratio – Amount saved per month - Expenses

2. Beckenworth had cost of goods sold of $10,721 million, ending inventory of $3,389 million, and average inventory of $2,095 million. Its days' sales in inventory equals:(Use 365 days a year.)

a. 0.3 days.

b. 115.4 days.

c. 44.0 days.

d. 43.8 days.

e. 71.3 days.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92061212

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