Question: Refer to the table and conditions below to develop a complete cash flow chart. Note that the project will be completed in 7 months. Conditions
Refer to the table and conditions below to develop a complete cash flow chart.
Note that the project will be completed in months.
Conditions of Cash Flow:
There is a twomonth time lag in the schedule of monthly payment from the owner to the general contractor.
The owner hold of monthly payment as retention money, but the general contractor cannot hold any retention from subcontract payment.
Retention will be released over two months in equal amount one half per month after the completion of job.
Monthly subcontract cost is of value per month, and no retention will be held by the contractor.
There is a onemonth time lag in the schedule of monthly payment from the general contractor to the subcontractors.
Fill out the green cells.
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