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Some ratios use information only from the balance sheet for calculation purpose, while some ratios use information from the income statement as well as the balance sheet. Match the ratios to the relevant
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Some ratios use information only from the balance sheet for calculation purpose, while some ratios use information from the income statement as well as the balance sheet. Match the ratios to the relevant financial statements.

User Chan Jing Hong
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Answer:

Check the explanation

Step-by-step explanation:

1) Current Ratio = Balance sheet

current ratio uses current assets and current liabilities of the balance sheet to calculate the ratio.

2) Quick Ratio = Balance sheet

Quick Ratio uses Quick assets and current liabilities of Balance sheet

3) Total Assets Turn Over Ratio = Income statement and Balance sheet

Total assets turn over ratio uses Net sales of Income statement and Avg Assets of Balance sheet to calculate the ratio

4) Debt Equity Ratio = Balance sheet

Debt Equity Ratio uses Debt and Equity of Balance sheet to calculate the Ratio

5) Return on Equity = Income statement and Balance sheet

Return on Equity uses Information of Net Income from Income statement and Shareholders Equity from Balance sheet to calculate the ratio.

User Lovely
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