The efficiency ratios estimate thea.financial leverageb.cost controlsc.asset managementd.ability to pay bills
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Solution 1
The efficiency ratios are used to analyze how well a company uses its assets and liabilities internally. These ratios can be categorized into three types:
a. Financial leverage: This is not an efficiency ratio. Financial leverage ratios measure the extent to which a company is using debt to finance Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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