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