Engineering Economics
Which is true about corporation?

It is worse type of business organization.
The stock holders of the corporation are only liable to the extent of their investments.
The minimum number of incorporators to start a corporation is three.
Its life is dependent on the lives of the incorporators.

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Engineering Economics
Liquidity ratios are used:

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

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