Engineering Economics
Which is true about partnership?

It has a perpetual life.
Its capitalization must be equal for each partner.
It will be dissolved if one of the partners ceases to be connected with the partnership.
It can be handed down from one generation of partners to another.

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Engineering Economics
Which one of the following definitions is correct?

All of these
The ratio of total debt to share holder's equity is called 'debt ratio'
The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period is called interest coverage ratio
The ratio debt-to-total assets is called Debt-to-total assets ratio

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