Question:

........... indicate the speed at which activities of the business are being performed.

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Turnover ratios are essential for evaluating the efficiency of various business operations like sales, inventory management, and receivables collection.
Updated On: Jan 25, 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 the inventory turnover ratio and accounts receivable turnover ratio, indicate how efficiently and quickly business activities are being performed.
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