Engineering Economics
Liquidity ratios are used:

To compare short term obligations to short-term resources available to meet these obligations
To obtain much insight into the present cash solvency of the firm and the firm
All of these
To measure a firm’s ability to meet short-cut obligations

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Engineering Economics
Which is NOT an essential element of an ordinary annuity?

The payments are made at equal interval of time.
Compound interest is paid on all amounts in the annuity.
The amounts of all payments are equal.
The first payment is made at the beginning of the first period.

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