A construction company is bidding on a contract to build homes for a developer. The project consists of two types of homes and is scheduled to begin in September. The expected monthly housing starts,...


A construction company is bidding on a contract to build homes for a developer. The project consists of two types of homes and is scheduled to begin in September. The expected monthly housing starts, the cash flow that occurs between the end of the previous month and receipt of payment from the owner, and the cash flow for the entire month are shown below. 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’s owner for the remaining months in the year. What is the maximum amount of cash invested by the company during the remaining months of the year?



May 03, 2022
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