Put an X in the appropriate boxes to indicate the financial statement(s) that are needed to calculate each of the following items

If an item needs information from more than one financial statement, be sure to indicate all of the statements required.

Income
statement Balance
sheet Statement
of cash flows
1 Current ratio
2 Debt-to-equity ratio
3 Return on assets
4 Return on equity
5 Asset turnover ratio
6 Gross profit ratio
7 Inventory turnover ratio
8 Accounts receivable turnover ratio
9 Cash from operations to current liabilities
10 Profit margin ratio

What will be an ideal response?

Income
statement Balance
sheet Statement
of cash flows
1 Current ratio X
2 Debt-to-equity ratio X
3 Return on assets X X
4 Return on equity X X
5 Asset turnover ratio X X
6 Gross profit ratio X
7 Inventory turnover ratio X X
8 Accounts receivable turnover ratio X X
9 Cash from operations to current liabilities X X
10 Profit margin ratio X