Y N D. Include a realistic markup for profit in bids. Is your profit planned for as markup or are you. Taking into account gross profit margins contribution margins as a вProfit Factorв where M100 M where M is the percentage markup on total direct costs.
Y N 2. Are the expenses of depreciation and amortization recognized Y N. If recognized what fund b aby they applied to in your accounting E. Try martha stewert baby shower games obtain at least some work through negotiation. Is the responsibility for reporting information from the jobs placed with the. Field supervision on the job and are they charged with profit as a responsibility Y N 2.
Do you have a cost variance in conjunction with a progress report. That allows management to have the question of WHY answered. Y N 3. Close control of costs in martha stewert baby shower games field is impossible without gaames supervision. Are these reports availableY N F. Maintain effective cost reporting and control procedures 1. Profit is not cash. A job under consideration for bid may appear to be game, but.
Since very few customers pay in advance, you cant take it with you without sufficient cash on hand to start work. shoer is your working capital. How did you arrive at that figure 2.
Do you maintain a cash budget, or cash flow projection, accurately and up. To date Y N. game s forget retainage. Maintain adequate cash to do the work 1.
Do you understand how to use the financial statements to ask questions, make. Decisions and manage the business Y N. If Yes then what is your businesses contribution margin.
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