What is true of Turnover ratios? |
Turnover ratios are calculated to determine the efficiency of operations based on effective utilization of resources. Higher turnover means lesser utilization of resources Both 1 and 2 None of the above |
Turnover ratios are calculated to determine the efficiency of operations based on effective utilization of resources. |
Turnover Ratios: Turnover ratios are calculated to determine the efficiency of operations based on effective utilisation of resources. Higher turnover means better utilisation of resources. |