Question: Question: . . . 1. Please calculate the invoice amount, interest, cash status and total profit of the project for which information is given below:

 Question: . . . 1. Please calculate the invoice amount, interest,

Question: . . . 1. Please calculate the invoice amount, interest, cash status and total profit of the project for which information is given below: The contract duration is 6 months. Cost of borrowing money is 2.00% per month. Cut-off date for monthly payments is the 2" of each month. Payment duration is established as 30 days after invoice. Owner will retain 5% of the first 50% of the contract amount. Total contract value (TCV) is $900.000 with 20% markup. Total estimated cost is $750.000. Estimated cost for each month can be found below: o1 Month: $75.000 o 2 Month: $150.000 o 3 Month : $150.000 o4th Month: $150.000 o 5 Month: $150.000 o 6 Month: $75.000 2. Please fill in the table which is given below. . 1 2 3 4 5 6 7 8 Month Estimated Cost Invoice Interest Cash status Profit 3. Please draw the cash flow diagram for the project. Question: . . . 1. Please calculate the invoice amount, interest, cash status and total profit of the project for which information is given below: The contract duration is 6 months. Cost of borrowing money is 2.00% per month. Cut-off date for monthly payments is the 2" of each month. Payment duration is established as 30 days after invoice. Owner will retain 5% of the first 50% of the contract amount. Total contract value (TCV) is $900.000 with 20% markup. Total estimated cost is $750.000. Estimated cost for each month can be found below: o1 Month: $75.000 o 2 Month: $150.000 o 3 Month : $150.000 o4th Month: $150.000 o 5 Month: $150.000 o 6 Month: $75.000 2. Please fill in the table which is given below. . 1 2 3 4 5 6 7 8 Month Estimated Cost Invoice Interest Cash status Profit 3. Please draw the cash flow diagram for the project

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
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!