The Extent to Which Assets Are Used to Support Sales

question 104

Multiple Choice

The extent to which assets are used to support sales is indicated by which of the following ratios:

• A) liquidity ratios
• B) asset utilization ratios
• C) financial leverage ratios
• D) profitability ratios

---

Definitions:

General Environment

The economic, legal-political, socio-cultural, technological, and natural environment conditions in which an organization operates.

Organizations

Groups of people who work together in a structured way to achieve a collective goal or set of objectives.

Socio-cultural Conditions

refer to the combination of social and cultural factors that influence individuals' behaviors, values, and attitudes in a society.

Religious Diversity

The existence and acceptance of a wide variety of religious beliefs and practices within a society or organization.