Engineering Economics
Liquidity ratios are used:

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

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Engineering Economics
Pick up the correct statement regarding financial statement analysis from the following.

All listed here
The income statement is the summary of revenues and expenses of a firm over a particular period of time
The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time
Final analysis always involves the use of various financial statements i.e., balance sheet and income statement

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