Question: What effect on the bottom line does reordering the liability insurance, fee, excise, and contingency markups have? Assume a $20 million construction cost and 1%,

What effect on the bottom line does reordering the liability insurance, fee, excise, and contingency markups have? Assume a $20 million construction cost and 1%, 5%, 1%, and 2% markups, respectively.

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The order of markups applied to a construction project can indeed affect the bottom line although th... View full answer

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