Question

35. Efficiency ratio is:
(A) Activity and capacity ratio
(B) The extent of actual working days avoided during the budget period
(C) Both (a) & (b)
(D) None of these​

Answer 1

Answer:

What is an Efficiency Ratio? The efficiency ratio is typically used to analyze how well a company uses its assets and liabilities internally. An efficiency ratio can calculate the turnover of receivables, the repayment of liabilities, the quantity and usage of equity, and the general use of inventory and machinery.

Explanation:

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