An owner wants to pay ahead for a cabinet package before any cabinet work is performed. Apart from the down payment, how should progress payments be limited?

A Fresno homeowner wants a $725 cabinet repair and trim adjustment. Which contract step best matches CA home improvement requirements?

A project has $6,500 retainage withheld. The owner releases 60 percent of retainage at substantial completion. How much cash is released?

Cash is $52,500 and monthly burn is $17,500. How many months of runway are available?

A supplier offers 1.5 percent early-pay discount on a $22,000 invoice. What is the discount?

A balance sheet lists assets of $310,000 and liabilities of $185,000. What is owner's equity?

A job is estimated to cost $135,000. What price gives a 25 percent gross margin?

A customer invoice of $4,000 has a stated late charge of 1.5 percent. What late charge is added?

A bid has direct labor of $18,000, materials of $12,500, and equipment rental of $3,500. If the contractor adds 20 percent markup on direct cost, what is the bid price?

A contractor wants a 25 percent gross margin on a job with estimated cost of $60,000. What selling price gives that margin?

A completed project sold for $150,000 and had total cost of $126,000. What gross margin percentage did the project earn?