5/18/25, 6:33 PM FLORIDA AIR EXAM BUSINESS AND FINANCE EXAM | ALL QUESTIONS AND CORRECT ANSWERS | GRADED A+ | LATEST …
FLORIDA AIR EXAM BUSINESS AND FINANCE EXAM | ALL QUESTIONS AND
CORRECT ANSWERS | GRADED A+ |
LATEST EXAM | VERIFIED ANSWERS |
Terms in this set (106)
When estimating labor, what is $20.39 Per Hour
the total
hourly cost of a employee if
the hourly pay is $15.00
per hr?
-Liability Insurance 2.5%
-Social Security & FICA 7.65%
-Unemployment 0.80%
-Worker Comp 15%
-Benefits 10%
A company has estimated 194,400 is the cost of sales
income of
$360,000 for the past year.
To achieve a gross profit
ratio of 46%, what should be
the cost of sales?
A HVAC company's Sales tax $135,000
in 2017 were
$300,000. In order to show a
profit of 45%, the cost of
goods sold would be?
Using the percentage of $16,341
completion method, what
is the gross profit to date of
a construction project that
has a contract amount of
… 1/1
4
, 5/18/25, 6:33 PM FLORIDA AIR EXAM BUSINESS AND FINANCE EXAM | ALL QUESTIONS AND CORRECT ANSWERS | GRADED A+ | LATEST …
$130,000, cost to date is
$99,970, and cost to
complete the project is
$11,760.
Based on the following $22,164
statement:
-Subcontractor $62,000
-Contract Income $87,560
-Misc. Income $26,344
-Construct. Materials $29,340
-Sale&Overhead $19,670
WHAT IS THE GROSS PROFIT?
The categories under Accounts
assets, liabilities, equity, Contractor's Manual 2017 Pg 3-18
revenues, and expenses are
called?
The total principal and Maturity Value
interest that will be due at Contractor's Manual 2017 Pg 3-73
the end of a term loan is
the ___________________ _.
In what way can a Overtime must be paid to any employee working hourly
employee not pay rates of at least 1 and a 1/2 pay.
overtime for a employee Contractor's Manual 2017 Pg 129
working hourly and
working over 40hrs in a
week?
Which insurance will cover Builder's Risk coverage
materials while in transit or Contractors Manual 2017 Pg 4-7
at temporary storage?
The contractor as soon as 14 days
practicable after award of the AIA-A201 Pg 15 Article 3.9.2
contract shall notify The
Owner and Architect of the
name and
qualifications of a
superintendent. Within
____ days the Architect or
owner may object to the
… 2/1
4
FLORIDA AIR EXAM BUSINESS AND FINANCE EXAM | ALL QUESTIONS AND
CORRECT ANSWERS | GRADED A+ |
LATEST EXAM | VERIFIED ANSWERS |
Terms in this set (106)
When estimating labor, what is $20.39 Per Hour
the total
hourly cost of a employee if
the hourly pay is $15.00
per hr?
-Liability Insurance 2.5%
-Social Security & FICA 7.65%
-Unemployment 0.80%
-Worker Comp 15%
-Benefits 10%
A company has estimated 194,400 is the cost of sales
income of
$360,000 for the past year.
To achieve a gross profit
ratio of 46%, what should be
the cost of sales?
A HVAC company's Sales tax $135,000
in 2017 were
$300,000. In order to show a
profit of 45%, the cost of
goods sold would be?
Using the percentage of $16,341
completion method, what
is the gross profit to date of
a construction project that
has a contract amount of
… 1/1
4
, 5/18/25, 6:33 PM FLORIDA AIR EXAM BUSINESS AND FINANCE EXAM | ALL QUESTIONS AND CORRECT ANSWERS | GRADED A+ | LATEST …
$130,000, cost to date is
$99,970, and cost to
complete the project is
$11,760.
Based on the following $22,164
statement:
-Subcontractor $62,000
-Contract Income $87,560
-Misc. Income $26,344
-Construct. Materials $29,340
-Sale&Overhead $19,670
WHAT IS THE GROSS PROFIT?
The categories under Accounts
assets, liabilities, equity, Contractor's Manual 2017 Pg 3-18
revenues, and expenses are
called?
The total principal and Maturity Value
interest that will be due at Contractor's Manual 2017 Pg 3-73
the end of a term loan is
the ___________________ _.
In what way can a Overtime must be paid to any employee working hourly
employee not pay rates of at least 1 and a 1/2 pay.
overtime for a employee Contractor's Manual 2017 Pg 129
working hourly and
working over 40hrs in a
week?
Which insurance will cover Builder's Risk coverage
materials while in transit or Contractors Manual 2017 Pg 4-7
at temporary storage?
The contractor as soon as 14 days
practicable after award of the AIA-A201 Pg 15 Article 3.9.2
contract shall notify The
Owner and Architect of the
name and
qualifications of a
superintendent. Within
____ days the Architect or
owner may object to the
… 2/1
4
