Question
The following bar chart illustrates the direct costs of a project Leo construction will be working on. Given the bar chart, answer question and provide
The following bar chart illustrates the direct costs of a project Leo construction will be working on. Given the bar chart, answer question and provide complete chart.
answer this question
Assuming $5,000 indirect cost per month, and 12% markup. If the owner retains 7.1% of validated progress payments until the project is completed, and payments will be billed at the end of the month and will be received one month later. Leo construction also needs to pay the bank 1% per month for the amount of the overdraft at the end of the month. How much Leo Construction is expected to receive from owner at month 3?
complete below chart
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