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how do you get the numbers under Overdraft at beggining? show you r calculations. The numbers shown are the correct answers. 3. As a contractor
how do you get the numbers under Overdraft at beggining? show you r calculations. The numbers shown are the correct answers.
3. As a contractor you are bidding on a construction project for acommercialbuilding, You estimate the construction period as4monthE and your direct cost to be s600,00oasshowni Fevre In addition to your direct cost, you estimateto accrue $4,000 indirectaostforeach month ofthe project. As standard practice you will send an invoice at the end ofeach month to the owner's representative and you will get paid after a month review period. You will add 10% each invoice for profit. The contract indicates that there will be a retainage od10% every payment and the retained moneywill be paid to the contractor together withthe last payment. (Assume allcosts and payments take place at the end of month and use 2 dets after commafor roundins-UseC%d annual Interest rate for bank loan. (30 points) b. Draw the cash flow diagram and show ifthis sagood project foraMARRof8% annual c the owner delays the payment forthe invoice of the 3 month by exactly 1 month (after the review period, how does your cash fiow diagram change? Is this still a good project? Cumulative Direct Cost Curve Figure 3 cumulative Cost Distribution Curve Game oso Invoice Pre. invoice RO-to- nege t ble Maybe sed for calculations oineet Tindrect TRetained Payment TBalance Overdraft Pages of 6 Intaest- Intrest paind: 4 ronths 6263.07Step by Step Solution
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