Which of the Following Ratios Is Used to Evaluate a Company's

question 42

Multiple Choice

Which of the following ratios is used to evaluate a company's efficiency in using its assets?

• A)Current ratio.
• B)Debt to assets ratio.
• C)Return on assets ratio.
• D)Asset turnover ratio.

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Definitions:

Act of Omission

Failure to take an action that is legally or morally required, leading to harm or injury.

Criminal Act

An action that constitutes an offense and is punishable by law.

Misdemeanor

A criminal offense that is less serious than a felony and is usually punishable by fines, penalties, or a jail term of less than one year.

Public Intoxication

A legal charge applied to individuals found in public places while under the influence of alcohol or drugs to a degree that may endanger themselves or others.