Question: Why should the profit and overhead markup on the project be included when calculating the cash needs for a construction project?

Why should the profit and overhead markup on the project be included when calculating the cash needs for a construction project?
 

Step by Step Solution

3.40 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The profit and overhead markup is 1 Needed to cover the pr... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Construction Accounting Questions!