Engineering Economics
The ratio of the net income before taxes to net sales is called ______.

Inventory turnover
Current ratio
Price-earnings ratio
Profit margin ratio

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Engineering Economics
Which one of the following questions is relevant to the construction estimates?

How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost
Did the estimators use short cut methods which may be unrealistic in their situation
Did the estimators precisely evaluate site conditions
All of these

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