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Efficiency Ratio |
Also found in: Financial, Wikipedia | 0.01 sec. |
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efficiency ratio The ratio of the net usable area of a building to its gross floor area. Efficiency Ratio a qualitative index, expressed by a relative quantity, that characterizes the level of economic efficiency achieved. The efficiency ratio is the ratio between the economic result obtained (for example, the total profit or the total savings from reducing the prime cost of output) and the expenditures incurred. The efficiency ratio can characterize such economic factors as the efficiency of socialist production as a whole, the efficiency of capital investments, or the efficiency of introducing new equipment. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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