Efficiency Ratios

question 73

Multiple Choice

Efficiency ratios:

• A) include the quick ratio, asset turnover ratio, and return on equity.
• B) are used to measure how well the company uses its assets.
• C) are used to measure how liquid the company is.
• D) measure the profits generated by a firm's equity and assets.

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Definitions:

Internal Environment

The conditions, entities, events, and factors within an organization that influence its activities and choices, including its culture, employees, and management.

Green Marketing

Marketing efforts designed to promote products by emphasizing their environmental benefits or the environmental consciousness of the brand.

Business Ethics

The rules of moral values that guide decision making—your understanding of the difference between right and wrong.

Ethics Code

A set of principles and standards that guide behavior and decision-making within an organization or profession.