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

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

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Engineering Economics
Which is NOT an essential element of an ordinary annuity?

Compound interest is paid on all amounts in the annuity.
The payments are made at equal interval of time.
The first payment is made at the beginning of the first period.
The amounts of all payments are equal.

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