Engineering Economics
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.

Economic return
Effective interest
Nominal interest
Expected return

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

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
The income statement is the summary of revenues and expenses of a firm over a particular period of time
All listed here

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