Question: Prepare a cash flow forecast in a tabular form with reference to the following information: Contract Sum for Main Contract Works: AUD$200,000,000 including a

Prepare a cash flow forecast in a tabular form with reference to the following information:

 Contract Sum for Main Contract Works: AUD$200,000,000 including a Provisional Sum of AUD $10,000,000 for Contingencies and Prime Cost Sum of AUD $40,000,000 for Nominated Sub-Contract M&E works and

 Contract Period – Main contract: 25 months  Contract Period – Sub-Contract M&E works: 18 months (Start from Month 8 of the main Contract Period)

 Retention: 10% (but up to 5% of the total contract sum)

 One moiety of the retention to be released to be released at the date of practical completion

 Another half of the retention shall be released upon the expiry of the Defects Liability Period (say 12 months after the practical completion of the Work)

Step by Step Solution

★★★★★

3.40 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Main Contract incl Contingencies AUD 200000000 5 of total contract Sum Nominated SubContract ME AUD ... View full answer

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 Finance Questions!

Prepare a cash flow forecast for the following startup company No Sales were generated before October 2016 2016 October sales 8000 2016 November sales 10000 2016 December sales 10000 2017 January...

With reference to the Audit 11.3 case, how would an understanding of the business and management reporting system have contributed to discovery of the open cash receipts journal cutoff error?

With reference to the illustration on page 267, show that even if the coin is flipped n times, there are only two admissible decision functions. Also, construct a table showing the values of the risk...

Prepare a cash flow forecast in a tabular form with reference to the following information: Contract Sum for Main Contract Works: AUD$200,000,000 including a Provisional Sum of AUD $10,000,000 for...

QUESTION: how to design a system that would allow comparisons of village performance, despite each village having quite different operating characteristics. Could a consistent set of measures be...

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

1. Isaac Inc. began operations in January 2013. For certain of its property sales, Isaac recognizes income in the period of sale for financial reporting purposes. However, for income tax purposes,...

Provide one full APA page of text (minimum) that identifies TAP - Molson Coors company, it's primary products, markets, subsidiaries, risks , and any special highlights about TAP - Molson Coors ....

Write a report for MYOB Group Limited, it should including: Budgets and Performance Measures 1. Look for your company's mission statement or statement that sets out the overall philosophy and...

Tutorial No. 5 Capital Gains and Losses (Starting the week beginning Monday 28 August 2017) Q 1 Income vs Capital - Why is the distinction important to individuals? Jeremiah and Jaini were walking...

One way to make a compass is to stick a magnetized needle into a piece of cork and float it in a glass bowl full of water. The needle will align itself with the horizontal component of Earth's...

List the specific weaknesses of each of these approaches to developing a forecast: a. Consumer surveys. b. Salesforce composite. c. Committee of managers or executives.

which key board shortcut would you use to move from 2 7 , 5 0 0 . 0 0 to store location

Which of these financial measures would the president of a company be happy to hear in your review with him of the companys performance for the last 12 months? a) The companys return on revenue of 6%...

If the current ratio was 1.95 in 2012 and is 1.86 in 2013, how would managers interpret this change? a) A current ratio of 1.95 is worse than a 1.86 ratio. b) Both ratios are unacceptable because...

The cash flow statement for a not-for-profit organization contains three distinct headings: operating activities, financing activities, and investing activities. True or False?

What is the capital assets turnover ratio? a) It measures how intensively a firms current assets are used to generate revenue. b) It measures how intensively plant and equipment is used to generate...

Use the following information to answer questions below: 2012 2011 Total current assets $ 700,000 $ 600,000 Total non-current assets 1,500,000 1,400,000 Total current liabilities 500,000 400,000...

Maggie's Skunk Removal Corporation's income statement listed net sales of $14.5 million, gross profit of $9.90 million, EBIT of $7.6 million, net income available to common stockholders of $5.2...

Prepare a cash flow forecast in a tabular form with reference to the following information: Contract Sum for Main Contract Works: AUD$200,000,000 including a Provisional Sum of AUD $10,000,000 for...

Hello, Need help with the following:Please see Rubric thks Using information from"Are You Paying Too Much for That Acquisition?" List and describe the components used to calculate synergy value....

practice case i need help with. just need the 3 steps. Bookkeeping for a small business organization Case: Bob fix-it-all - August 2021 By Zihao (Emily) Xu Bob I just retired in his early 50's and...

AnalysingBega Cheese Limited (ASX code BGA): A. Industry Analysis 1. What would be the performance for the industry in next year, in next 5 years, and in the long run? And why do you think so? B....

The presentations, of work-in-progress on the major assignments, will occur during the tutorials in Weeks 8 and 9. The presentations are worth 5% of the total assignment. The presentations will be on...