Tài chính doanh nghiệpCâu 1133 / 1605
Why can a contractor be profitable on paper yet still run out of cash?
a.Because profit is measured over time while cash must be available now to pay current bills
b.Because profit and cash are always identical
c.Because sales tax is refundable
d.Because overhead is not a real cost
Giải thích
Accrual profit records revenue when earned, but cash to pay wages, suppliers, and taxes is needed immediately. Money tied up in receivables, retention, and work-in-progress means a profitable business can still face a cash shortage.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Working capital is calculated as:
- A contractor has current assets of $150,000 and current liabilities of $90,000. What is his working capital?
- Poor cash flow on a construction project is MOST often caused by:
- A contractor offers 2/10, net 30 terms and pays a $10,000 supplier invoice on day 8. How much does he pay?
- A cash flow projection primarily helps a contractor:
- The current ratio is calculated as:
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Sen Lin, Người sáng lập 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)