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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Engineering Economics
Current ratio is:

Current assets/Current liabilities
(Current assets + loans)/Current liabilities
(Current assets + loans advances)/Current liabilities
None of these

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