Engineering Economics
Current assets less inventories divided by current liabilities is known as

Debts ratio
Liquidity ratio
Acid-Test (or Quick) ratio
Current ratio

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Engineering Economics
Which is true about partnership?

Its capitalization must be equal for each partner.
It has a perpetual life.
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
A construction estimate is used

To decide an approximation of the value of the project and not the exact cost
To judge tentatively or approximate value of the project
None of these
To produce a statement of the approximate cost

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