Which of These Is Not an Efficiency Ratio

question 61

Multiple Choice

Which of these is not an efficiency ratio?

• A)Current ratio.
• B)Average settlement period for accounts receivable.
• C)Asset turnover period.
• D)Average inventory turnover period.

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Definitions:

Market Capitalism

An economic system characterized by private ownership of assets and business operations, where goods and services are traded in markets.

Moral Values

Principles that govern an individual’s behavior or the conducting of an activity, reflecting beliefs about what is right, wrong, good, or bad.

Government Attempts

Efforts or endeavors made by governmental bodies to address, solve, or manage specific issues or problems.

Personal Behavior

The actions or reactions of an individual in response to external or internal stimuli, often considered in terms of the individual's character or disposition.