Finanzas ComercialesPregunta 1209 de 1605

The main financial risk of taking on a job much larger than a contractor's usual size is:

a.Depreciation stops
b.The CSLB automatically upgrades the license
c.Sales tax is waived
d.Insufficient working capital to carry the labor and material costs before payments arrive

Explicación

Large jobs require large outlays for labor and materials well before progress payments and retention are collected. Without adequate working capital or credit, a contractor can run out of cash mid-project even though the job is profitable on paper.

Practica las 1605 preguntas gratis — sin registro.

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Revisado por Abraham Chen Licensed California General Contractor (CSLB License #1101856 verificar)
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