__________ratios are a measure of the speed with which various accounts are converted into sales or cash.
A) Liquidity
B) Debt
C) Activity
D) Profitability

Question

Quizplus · Accepted Answer

Ratios related to the speed of conversion (such as inventory turnover, accounts receivable turnover, and days sales outstanding) fall under activity ratios, which measure how efficiently a company is utilizing its assets to generate revenue.

__________Ratios Are a Measure of the Speed with Which Various