Question

what is financial efficiency ?​

Answer 1

Efficiency is getting more output from the same resources or getting the same output from fewer resources. There are efficiency ratios used to measure production or financial efficiency, or a combination of both. ... An asset turnover ratio of 60% or higher is considered healthy/efficient use of assets.

Answer 2

✨✔️Efficiency is getting more output from the same resources or getting the same output from fewer resources. There are efficiency ratios used to measure production or financial efficiency, or a combination of both. An asset turnover ratio of 60% or higher is considered healthy/efficient use of assets.