Advertisements
Advertisements
प्रश्न
State true or false with reason.
Activity Ratios Turnover Ratios are the same.
विकल्प
True
False
MCQ
सत्य या असत्य
Advertisements
उत्तर
This statement is True.
Turnover ratio is an efficiency ratio to check how efficiently company is using different assets to extract earnings from them. Activity ratio are financial analysis tools used to measure a business ability to convert its assets into cash. From both these definitions we can say that Activity ratios and Turnover ratios are same.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
