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The following cost expenditures for a small project are: Month 1 2 3 4 Monthly direct costs 5,000 15,000 25,000 15,000 Monthly indirect costs 1000
The following cost expenditures for a small project are: Month 1 2 3 4 Monthly direct costs 5,000 15,000 25,000 15,000 Monthly indirect costs 1000 1000 1000 1000 The contractors markup is 20%, the retainage is 10% throughout project, finance charges 1% per month, while the payments are billed at end of month and received one month later. a) Calculate the peak financial requirement b) Calculate the average overdraft
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