Given Below Are Several Ratios

Given below are several ratios. Select the accounts or amounts that would be used in order to calculate the ratio. You will have more than one response to each ratio. Some accounts or amounts may not be used at all. Select all that apply.
-Asset turnover ratio

A) Market price per share
B) Net sales
C) Gross profit
D) Average total assets
E) Interest expense, net of tax
F) Net income
G) Total liabilities
H) Total assets

Correct Answer:

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