Ratios that reflect whether or not a firm is efficiently using its resources are known as
A)turnover ratios.
B)leverage ratios.
C)liquidity ratios.
D)profitability ratios.

Name: Ratios that reflect whether or not a firm is efficiently using its resources are known as A)turnover ratios. B)leverage ratios. C)liquidity ratios. D)profitability ratios.
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Question

Quizplus · Accepted Answer

Asset utilization (or turnover) ratios are one measure of whether a firm is efficiently using its resources.

Ratios That Reflect Whether or Not a Firm Is Efficiently