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

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

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Engineering Economics
Which is true about partnership?

It has a perpetual life.
It will be dissolved if one of the partners ceases to be connected with the partnership.
Its capitalization must be equal for each partner.
It can be handed down from one generation of partners to another.

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