Engineering Economics
The interest calculated on the basis of 365 days a year, is known as:

Exact simple interest
None of these
Interest
Ordinary simple interest

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

All listed here
Final analysis always involves the use of various financial statements i.e., balance sheet and income statement
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

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