The measure of how efficiently the assets resources are employed by the firm is called
A. Liquidity ratio
B. Leverage ratio
C. Activity ratio
D. Profitability ratio
Answer: Option C
Solution(By Examveda Team)
The measure of how efficiently the assets resources are employed by the firm is called Activity ratio. Activity ratios are a category of financial ratios that measure a firm's ability to convert different accounts within its balance sheets into cash or sales.This Question Belongs to Commerce >> Accounting
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