Engineering Economics
Each financial ratio is generally compared by

A past ratio calculated from the past financial standard of the firm
A ratio of some selected firms most progressive and successful at the point of consideration
All of these
A ratio developed by using the projected financial statement of the firm

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Engineering Economics
Current ratio is:

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

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Engineering Economics
Which is true about corporation?

It is worse type of business organization.
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.
The minimum number of incorporators to start a corporation is three.

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