Engineering Economics
What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?

Design depreciation
Functional depreciation
Demand depreciation
Physical depreciation

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Engineering Economics
Current ratio is:

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

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Engineering Economics
Each financial ratio is generally compared by

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

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