Question: The housing contract from Problem 10 continues on into the next year, with the last housing start occurring in April, as shown in Table 12-13.
The housing contract from Problem 10 continues on into the next year, with the last housing start occurring in April, as shown in Table 12-13. Determine the monthly cash flows and total cash generated by the project at the end of each month and just before each payment is received from the project owner for the remainder project. What is the maximum amount of cash invested by the company during this year?
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