Ratios that measure how efficiently a firm manages its assets and operations to generate net income are referred to as _____ ratios.
-Asset management.
-Long-term solvency.
-Short-term solvency.
-Profitability.
-Turnover.
Answer: profitability
Management MCQ
Financial Management
Ratios that measure how efficiently a firm manages its assets and operations to generate net income are referred to as _____ ratios.