商业财务第 1225 / 1605 题
A contractor wants to know the profit built into a bid before overhead. That figure is the:
a.Net profit
b.Current ratio
c.Gross profit (revenue minus direct job costs)
d.Retention
解析
Gross profit is revenue minus direct job costs (labor, materials, subs, equipment for the job). Overhead is then subtracted from gross profit to arrive at net profit. Knowing gross profit shows how much a job contributes before covering fixed business costs.
免费刷完整 1605 道题库 — 无需注册。
同考点相关题目
- A contractor charges $85/hour to the customer for labor that costs him $52/hour fully burdened. What is the gross margin on labor?
- A supplier offers a $10,000 order at either net 30 or 2/10 net 30. Passing up the 2% discount to keep cash 20 extra days is roughly equivalent to paying an annualized interest rate of about:
- A contractor records a $50,000 equipment purchase. On the balance sheet this transaction:
- A homeowner's $30,000 remodel contract allows a 10% down payment maximum under home improvement rules. But 10% is $3,000, which exceeds the $1,000 cap. The lawful maximum down payment is:
- A contractor's job took 220 labor hours at a burdened rate of $48/hour. Materials were $9,400 and a sub billed $6,200. What was the total direct cost?
- If a contractor's actual overhead runs 22% of direct costs but he only marks up 15% for overhead, over a year of $500,000 direct costs he under-recovers roughly: