Engineering Economics
Current ratio is:

(Current assets + loans)/Current liabilities
(Current assets + loans advances)/Current liabilities
Current assets/Current liabilities
None of these

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Engineering Economics
Each financial ratio is generally compared by

A past ratio calculated from the past financial standard of the firm
A ratio of some selected firms most progressive and successful at the point of consideration
All of these
A ratio developed by using the projected financial statement of the firm

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