Question

What percent of the contractor's income is spent on salaries?

a. 25%
b. 76%
c. 72%
d. 47%

Answer 1

The correct answer is A. The percent of income spent on salaries depends on the type of industry. It is calculated by adding all operating expenses, supplies and equipment, development, research, plus general and administrative expenses. Contractors are among the jobs with the lowest percentage of operating expenses devoted to salary.

Answer 2

The correct answer is letter c. 72%. The percent of the contractor's income is spent on salaries is 72. The salaries received by the employee s are big helpful in order to sustain oneself. The higher the salary is, the better the kind of living you may have.