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Your project has a contract value of $23,323,123 and you estimated your net profit margin at 2.2%. However you neglected to consider the finance charges
Your project has a contract value of $23,323,123 and you estimated your net profit margin at 2.2%. However you neglected to consider the finance charges associated with cash-flowing the project. The line of credit at 4% will cost you $62,578. What is your revised profit margin? (remember to express in decimal format, so if your answer is 5.26%, then enter in 0.0526). Provide four digits beyond the decimal point
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