Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Acid test ratio None of these Solvency ratio Turnover ratio Acid test ratio None of these Solvency ratio Turnover ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depletion Deflation Depreciation Inflation Depletion Deflation Depreciation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods Goods or commodities Services Commodities Goods Goods or commodities Services Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Liquidity ratios are used: To measure a firm’s ability to meet short-cut obligations All of these 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 To measure a firm’s ability to meet short-cut obligations All of these 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 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an index of short-term paying ability? Gross margin Current ratio Price-earnings ratio Profit margin ratio Gross margin Current ratio Price-earnings ratio Profit margin ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Fixed assets Ccash Liquid assets Non-liquid assets Fixed assets Ccash Liquid assets Non-liquid assets ANSWER DOWNLOAD EXAMIANS APP
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