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During 3rd month of a 6 months construction project, how to calculate Effective Cash needed for the project before payment is received from the owner?
During 3rd month of a 6 months construction project, how to calculate "Effective Cash needed for the project before payment is received from the owner"? It is equal to: Total Cash invested in the project before payment is received from the owner for month 2 plus labor costs during month 3 Same as Cash needed for the project before payment is received from the owner Total cash generated at Month's end for month 2 plus labor costs during month 3. None of the above
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