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What is the general purpose of efficiency ratios?What are the three major types of efficiency ratios and how are these used? Purpose of Efficiency Ratios

What is the general purpose of efficiency ratios?What are the three major types of efficiency ratios and how are these used?

Purpose of Efficiency Ratios

What is a solvency ratio and how is it used?

What is a profitability ratio and how is it used?

Describe the various types of return on investment ratios and how they are used.

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