Question:
...... indicate the speed at which activities of the business are being performed.
...... indicate the speed at which activities of the business are being performed.
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Turnover ratios measure how efficiently a company converts its resources, such as inventory or receivables, into revenue over a given period.
Updated On: Jan 18, 2025
- Liquidity ratios
- Turnover ratios
- Solvency ratios
- Profitability ratios
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The Correct Option is B
Solution and Explanation
Turnover ratios, such as inventory turnover or receivables turnover, indicate how quickly a company is managing its assets and generating revenue from them.
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