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 are essential for evaluating the efficiency of various business operations like sales, inventory management, and receivables collection.
Updated On: Jan 13, 2026
- 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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