Engineering Economics
Which is true about partnership?

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

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Engineering Economics
The financial analysis:

Helps a bank to know the financial position of the firm for granting a loan to the firm
All of these
Helps to judge the success of the firm's financial plans
Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment

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Engineering Economics
Pick up the correct reason for making conceptual (or preliminary) estimate from the following:

To check quotations from contractors and/or sub-contractors
To have a check on a definitive cost estimate
All of these
To compute target estimate for the owner while drawing and specifications are in initial stage

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