Which of the Following Ratios Measures How Efficiently the Firm

question 72

Multiple Choice

Which of the following ratios measures how efficiently the firm is using its assets to generate sales?

• A) Current ratio
• B) Total asset turnover ratio
• C) Fixed asset turnover
• D) Debt ratio

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Definitions:

Dehumanising

Actions or processes that deprive individuals or groups of their human qualities, personality, or dignity.

Behaviourist

A psychologist or scientist who studies and interprets human and animal behavior based on observable actions and reactions, emphasizing the role of environmental stimuli.

Nature

A term often used to refer to the genetic or inherent traits and characteristics that determine an individual’s physical and psychological qualities.

Nurture

The influence of external factors like education, environment, and social experiences on the development of an individual.