Engineering Economics
A construction estimate is used

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

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Engineering Economics
Each financial ratio is generally compared by

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

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