Engineering Economics
Current ratio is:

(Current assets + loans advances)/Current liabilities
(Current assets + loans)/Current liabilities
Current assets/Current liabilities
None of these

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Engineering Economics
In case of bankruptcy of a partnership,

The partners personal assets are attached to the debt of the partnership
The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities
The partners nay sell stock to generate additional capital
The partners are not liable for the liabilities of the partnership

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Engineering Economics
The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected?

P 19,423.69
P 19,122.15
P 19,518.03
P 19,624.49

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