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Briefly explain the purpose of profit in the construction industry. Based upon Australian consumer law, what are the guarantees that builders must provide in relation

  1. Briefly explain the purpose of profit in the construction industry.
  2. Based upon Australian consumer law, what are the guarantees that builders must provide in relation to goods which are provided to customers.
  3. Briefly explain the following profit ratios:
  • Return on Equity
  • Gross Profit
  • Liquidity Ratio
  • Finance Ratio

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