Engineering Economics
Current assets less inventories divided by current liabilities is known as

Acid-Test (or Quick) ratio
Debts ratio
Current ratio
Liquidity ratio

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Engineering Economics
Which is true about corporation?

The minimum number of incorporators to start a corporation is three.
The stock holders of the corporation are only liable to the extent of their investments.
Its life is dependent on the lives of the incorporators.
It is worse type of business organization.

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