Engineering Economics
An association of two or more persons for the purpose of engaging into a business for profit is called ______.

Partnership
Proprietorship
Entrepreneurship
Corporation

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Engineering Economics
Liquidity ratios are used:

All of these
To obtain much insight into the present cash solvency of the firm and the firm
To measure a firm’s ability to meet short-cut obligations
To compare short term obligations to short-term resources available to meet these obligations

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