Ratios that help determine the efficiency with which a company manages its day-to-day tasks and assets are called: Activity Ratios.
Activity Ratio: A financial indicator called an activity ratio shows how effectively a company is using the assets on its balance sheet to produce revenue and cash.
Examples: Current ratio, Quick ratio, asset turnover ratio, inventory ratio, account receivables turnover, etc
These are also known as Asset Utilization Ratios or Efficiency Ratio.
Ratios that help determine the efficiency with which a company manages its day-to-day tasks and assets are called: Activity Ratios.
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