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Examveda

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.

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