Tài chính doanh nghiệpCâu 1213 / 1605
Which of the following BEST reduces a contractor's need for outside financing on a project?
a.Larger retention withheld by the owner
b.Prompt progress billing and collecting payments quickly
c.Paying suppliers before invoicing the owner
d.A bigger down payment refund to the owner
Giải thích
Billing promptly for completed work and collecting quickly brings cash in sooner, reducing the gap that outside financing would otherwise cover. Larger retention, refunds, or paying suppliers early all worsen cash flow.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A contractor buys $5,000 of materials with terms 1/15, net 45. If he pays on day 12, what does he pay?
- 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:
- A contractor completes a $180,000 contract billed with 10% retention. Two-thirds of the way through he has billed $120,000. How much retention is being held at that point?
- A contractor's estimate omitted the 9% sales tax on $20,000 of materials. How much profit will this error erase if he cannot pass it on?
- A contractor's business is organized as an S corporation. A key financial feature of an S corp is that:
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)