Finanzas ComercialesPregunta 1221 de 1632

A contractor's contract price is $100,000 with a 15% profit built in. Midway, unforeseen soil conditions add $12,000 of unrecoverable cost. What is the profit on the job now?

a.$3,000
b.$15,000
c.$0
d.$27,000

Explicación

The built-in profit is 15 percent of $100,000, or $15,000, and $12,000 of cost that cannot be recovered leaves $3,000. $15,000 is the profit as bid, which assumes the overrun never happened. $0 assumes any overrun wipes the profit out entirely, which would need $15,000 of extra cost, not $12,000. $27,000 comes from adding the overrun to the profit instead of subtracting it.

Practica las 1632 preguntas gratis — sin registro.

Own the complete CSLB Law & Business guide — PDF + EPUB, $24.99 →

Preguntas relacionadas de este tema

Última revisión: · proceso editorial

Equipo de PrepPass · Verificado con California CSLB Contractor License Law & Business Exam · Cómo revisamos
Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)
Reportar