alleryStart learning →Efficiency ratios are described as showing how well a company uses and manages its:
AIts assets
BIts auditors
CAdvertising
DApplicants
Answer & Solution
Correct answer: A. Its assets
1. Each ratio family answers one question.
2. Efficiency is one of the four main ratio types.
3. Efficiency ratios show how well a company uses and manages its assets.
4. That is described as one key element of financial health.
_Source: OpenStax Principles of Finance (CC BY 4.0), Ch 6 'Measures of Financial Health'_
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