Engineering Economics
What is a measure of the average speed with which accounts receivable are collected?

Receivable turnover
Acid test ratio
Current ratio
Quick ratio

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Engineering Economics
Liquidity ratios are used:

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

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Engineering Economics
The key to profitable operation for project cost control, is:

To keep the project cost equal to subsequent construction budget
To keep the project cost equal to original cost estimate
None of these
To keep the project cost within the cost budget and knowing when and where job costs are deviating

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