Engineering Economics
In computing depreciation of an equipment, which of the following represents the first cost?

All of these
Initial taxes and permit fees
Installation expenses
The original purchase price and freight charges

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Engineering Economics
Liquidity ratios are used:

All of these
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

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