Engineering Economics
Each financial ratio is generally compared by

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

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Engineering Economics
Using factor method, the depletion at any given year is equal to:

Initial cost of property divided by the total units in property
Initial cost of property times number of unit sold during the year divided by the total units in property
Initial cost of property times number of units sold during the year
Initial cost of property divided by the number of units sold during the year

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