Engineering Economics
Each financial ratio is generally compared by

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

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Engineering Economics
Liquidity ratios are used:

To compare short term obligations to short-term resources available to meet these obligations
To obtain much insight into the present cash solvency of the firm and the firm
To measure a firm’s ability to meet short-cut obligations
All of these

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Engineering Economics
A construction estimate is used

To judge tentatively or approximate value of the project
To produce a statement of the approximate cost
None of these
To decide an approximation of the value of the project and not the exact cost

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