Which of the Following Ratios Measures How Efficiently and Effectively

question 46

Multiple Choice

Which of the following ratios measures how efficiently and effectively a firm is using its assets to generate profits?

• A) conformance ratios
• B) profitability ratios
• C) liquidity ratios
• D) leverage ratios

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Definitions:

Role Identities

The attitudes, behaviors, and values associated with specific social roles that an individual inhabits, such as parent, worker, or student.

Student

An individual who is engaged in the process of learning at educational institutions.

Orchestra Member

An individual who plays an instrument as part of an orchestra, contributing to the collective performance of musical compositions.

Cognitive Theory

A theoretical perspective based on the premise that an individual’s mental activities (perception, memory, and reasoning) are important determinants of behavior.