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

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

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Engineering Economics
Current ratio is:

(Current assets + loans)/Current liabilities
Current assets/Current liabilities
None of these
(Current assets + loans advances)/Current liabilities

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Engineering Economics
The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected?

P 19,423.69
P 19,518.03
P 19,624.49
P 19,122.15

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