Engineering Economics
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?

Seller
Buyer or consumer
Producer
Manufacturer

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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 balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time
The income statement is the summary of revenues and expenses of a firm over a particular period of time

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Engineering Economics
Which one of the following questions is relevant to the construction estimates?

All of these
How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost
Did the estimators use short cut methods which may be unrealistic in their situation
Did the estimators precisely evaluate site conditions

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Engineering Economics
Liquidity ratios are used:

To measure a firm’s ability to meet short-cut obligations
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

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