Tài chính doanh nghiệpCâu 1209 / 1632
The main financial risk of taking on a job much larger than a contractor's usual size is:
a.Depreciation on the equipment stops completely
b.The CSLB upgrades the licence class held
c.Sales tax on those materials is waived
d.Too little working capital to carry the costs
Giải thích
A job several times the usual size demands payroll and material money weeks before the first progress payment lands, and retention holds part of it back longer still, so the contractor can run dry mid-project on a job that is profitable on paper. Depreciation follows the asset's schedule and is unaffected by job size. Classification follows the trade the contractor is qualified in and is never upgraded automatically. And material tax is owed on every job whatever its size.
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Câu hỏi liên quan cùng chủ đề
- A contractor wants each job to yield 15% net profit after covering 25% overhead (both measured on direct cost). On a $10,000 direct-cost job, what price recovers overhead and yields the target profit if both percentages are applied to direct cost?
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- A contractor's income statement shows revenue $400,000, cost of goods sold $280,000, and operating expenses $90,000. What is net income?
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- A contractor's gross profit margin has fallen from 30% to 22% over a year. The most useful first step to diagnose why is to:
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Đội ngũ PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)