Engineering Economics
In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year?

Sinking fund method
Straight line method
Declining balance method
Sum-of-year digit method

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Engineering Economics
Which is true about partnership?

It will be dissolved if one of the partners ceases to be connected with the partnership.
Its capitalization must be equal for each partner.
It can be handed down from one generation of partners to another.
It has a perpetual life.

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Engineering Economics
Liquidity ratios are used:

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

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