Florida Contractor Practice Exam

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Prepare for the Florida Contractor Exam with practice tests featuring multiple choice questions and answers. Enhance your knowledge to succeed in various categories of contractor licensing in Florida.

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For a workers' compensation calculation, if the employee earns $210 per week, what would be their benefit at 66.66% for one week?

$140
$150
$160
$170

The correct answer is: $140

To determine the workers' compensation benefit at 66.66%, you start by calculating what 66.66% of the employee's weekly earnings is. The employee earns $210 per week. First, you convert the percentage to a decimal by dividing by 100, which gives you 0.6666. Then, you multiply this decimal by the employee's earnings: 0.6666 × $210 = $140. This calculation shows that the benefit amount for one week of workers' compensation at the stated percentage of the employee’s earnings is indeed $140. This is based on the statutory formula used to set workers' compensation benefits, which aims to provide a portion of the employee's earnings to assist them financially while they are unable to work due to a work-related injury or illness.