The Simplest Measure of Efficiency Is

question 4

Multiple Choice

The simplest measure of efficiency is:

• A) the amount of money the company has to work with in the short term.
• B) the ratio of revenues divided by invested capital.
• C) the net profit expressed as a percentage of sales.
• D) the total costs of producing products.
• E) the quantity of inputs that it takes to produce a given output.

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