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Determine the monthly cash flows and total cash generated at the end of each month and just before the payment is received for the construction of a house with the following budget and schedule.
On the last day of each month the construction company may bill the owner for the work completed during the month. The owner pays the monthly bills one month after they are received. The owner also holds a 10% retention. Final payment is expected one month after completion of the project and includes the retention. The construction company pays material suppliers in full when it receives payment from the owner. The construction company pays subcontractors when it receives payment from the owner but withholds a 10% retention from the subcontractor's payment. The construction company pays weekly for labor. Often costs will be paid throughout the month that costs are incurred. The projected monthly material, labor, subcontractor, and other costs follow. The construction company will add a 10% profit and overhead markup to these costs when billing the owner. Solve this problem using aspreadsheet.
The new accounting clerks are beginning to gather information to complete financial statements. The accountants will first need to understand what type of information will be needed from the source documents and how these documents tie to financia..
swann company manufactures sleeping bags. a heavy-duty zipper is one part the company orders from an outside supplier.
Please explain a "defined value clause" and state how this can reduce (or increase) taxes.
1. What information from your daily spending records could help you achieve your financial goals? 2. Based on your observations of our society and the economy , what types of stocks might you consider for investing now or in the near future?
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The treasurer estimates that the beta of the stock is currently 1.5 and that the expected risk premium on the market is 6%. The Treasury bill rate is 4%. Assume for simplicity that Okefenokee debt is risk-free and the company does not pay tax.
Which of the over four choices would you pick?
Assume that your aunt sold her house on December 31 and that she took a mortgage in the amount of $10,000 as part of the payment. The mortgage has a quoted (or nominal) interest rate of 10 percent, but it calls for payments every 6 months, beginning ..
Bonds outstanding that pay a 5% semiannual coupon, have a 5.5% yield-to-maturity, and a face value of $1,000. The current rate of inflation is 4%. What is the real rate of return on these bonds?
Does your firm use any budgeting software or do you to keep track of your budget? If you do not have a budget will you develop one based on the information you got from this class?
one year ago peyton purchased 3600 shares of broncos stock for 101124. today he sold those shares for 26.60 a share.
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