9.
measure the efficiency with which an entrepreneur can handle his or her business's resources.

Multiple Choice
1. Profitability ratios
2. Leverage ratios
3. Inventory ratios
4. Activity ratios

For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off.rahal's accounts receivable at december 31, 2018, are: