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3 years ago

A responsible managing employee is required through the Contractor's state license board to work at least?

Business

1 answer:

KATRIN_1 [288]3 years ago

8 0

Answer:

32hours or 80% of the complete working hours per week of the business

Explanation:

When construction companies engage in contracts were materials and labor can cost $500 and above, they are expected to have a license. If the business does not have a license, it can qualify for a license if it decides to employ someone with the required license. The employed individual will be known as the responsible managing employee.

The contractors state license board requires such an employee to be a full and recognized employee of that business and to have at least 32hours or 80% of the sum of the working hours expended by the business.

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You own an art supply store and the total sales in your trading area equal $17,500. your store accounts for $6,000 of the total.

ikadub [295]

In this case, the $6,000 refers to your sales. If expenses and returns were deducted it will be your net sales. Sales refers to the activity of selling an amount of goods or services to consumers who enter your storefront. The goal is to make sure your sales are greater than all of our expenses to make sure you are turning a profit each month.

3 0

3 years ago

Dickerson Co. is evaluating a project requiring a capital expenditure of $810,000. The project has an estimated life of 4 years

Genrish500 [490]

Answer:

The average rate of return on investment is 19.8%

Explanation:

According to the given data we have the following:

Initial Investment = $810,000

Salvage Value = $0

Henc, Average Investment = (Initial Investment + Salvage Value) / 2

Average Investment = ($810,000 + $0) / 2

Average Investment = $405,000

Average Net Income = ($75,000 + $100,000 + $109,000 + $36,000) / 4

Average Net Income = $320,000 / 4

Average Net Income = $80,000

Therefore, Average Rate of Return on Investment = Average Net Income / Average Investment

Average Rate of Return on Investment = $80,000 / $405,000

Average Rate of Return on Investment = 19.8%

The average rate of return on investment is 19.8%

6 0

3 years ago

Describe how the concept of beta impacts financial decision making

Dima020 [189]

The concept of beta impacts financial decision making by providing information volatility or systematic risk of a security.

The information that provided by the concept of beta would take form in a comparison between your chosen securities with other securities that exist in the market. For investors who prefer low risk but small and steady return, they can use the concept of beta to find out the securities with low level of volatility.

6 0

3 years ago

Evaluate this sentence, "The best way to get rid of poverty is to increase government expenditures on welfare programs."

solmaris [256]

Answer:

c. This sentence is false. Increasing transfer benefits like welfare will lower the opportunity cost of making decisions that can lead to poverty

Explanation:

Welfare programs involves transfer payments. These payments are made by the government in order to assist the marginalized sectors or people who are in need so they can thrive economically. In this case, the government just provides and doesn't receive anything in return.

If the government expenditures would increase, the transfer benefits would increase too. So this would most likely lead to "poverty" because the government will just be spending money without any returns.

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3 years ago

What type of professional service engagement was the assignment completed by the team of auditors led by Katelyn Light? Defend y

guajiro [1.7K]

Answer:

Consulting service was completed by team of auditors led by Katelyn light.

5 0

3 years ago

Read 2 more answers