Which One of the Following Ratios Measures How Efficiently and Effectively

question 113

Multiple Choice

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

• A) total asset turnover ratios
• B) inventory turnover ratios
• C) acid test ratio
• D) return on investment

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Definitions:

Maslow

American psychologist who developed the hierarchy of needs, a theory in psychology that prioritizes fundamental human wants and desires crucial for individual growth.

Self-actualization

The realization or fulfilment of one's talents and potentialities, considered as a drive or need present in everyone.

Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory in psychology that prioritizes human needs into a five-tier model of motivation.

Esteem Needs

In Maslow's hierarchy of needs, esteem needs are the fourth level, involving the human desire for respect, self-esteem, and recognition from others.