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A firm's efficiency is defined as the overall health of the financial structure of the firm, particularly as it relates to its debt - to

A firm's efficiency is defined as
the overall health of the financial structure of the firm, particularly as it relates to its debt-to-equity ratio
the overall strength of the management team
a company's ability to meet its short-term obligations
a company's ability to make a profit,
how productively a firm utilizes its assets
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