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Date: 2020-04-14

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Comparing the ratio with the market. b) Comparing the ratio with the companies involved in similar business. c) Comparing the ratio with the
listed and non-listed companies. d) Comparing the ratio with the companies of other sector. 2. Which Ratio Measures the efficiency of a firm
using its Assets? a) Activity Ratio b) Liquidity Ratio c) Solvency Ratio d) Cash Ratio 3. Fixed Asset Turnover ratio measures the efficiency
of a firm generating revenue using its……? a) Total Assets (Avg) b) Current Assets c) Fixed Assets(Avg) d) Net Fixed Assets(Avg) 4.
Turnover ratio measures the efficiency of a firm generating revenue using its……? 5. If a firm’s current ratio is high, it means? a) needs
external financing b) greater ability to meet short-term obligations

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