Assuming a mark-up of 13.54% and that your payment will be received 60 days after the start of the project, what is the cumulative total at the 5th month? Month 1 $13.110.84 12 $14,261.79 13 $36.314.98 14 $57.441.75 5 $27.141.85 6 $21,763.22 Planned Monthly Costs 7 8 Total SO $0 Planned Monthly Revenue Cumulative Costs Cumulative Revenue Cumulative Total
Assuming a mark-up of 13.54% and that your payment will be received 60 days after the start of the project, what is the cumulative total at the 5th month? Month 1 $13.110.84 12 $14,261.79 13 $36.314.98 14 $57.441.75 5 $27.141.85 6 $21,763.22 Planned Monthly Costs 7 8 Total SO $0 Planned Monthly Revenue Cumulative Costs Cumulative Revenue Cumulative Total
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![Assuming a mark-up of 13.54% and that your payment will be received 60 days after the start of the project, what is the cumulative
total at the 5th month?
Month
1
2
13
14
5
16
7
18
Total
Planned Monthly
Costs
$13,110.84
$14,261.79
$36,314.98
$57.441.75
$27.141.85
$21,763.22
SO
$O
Planned Monthly
Revenue
$
Cumulative Costs
Cumulative Revenue
Cumulative Total](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff542718c-0acb-4890-8169-035335c1114a%2Fef700957-2425-41b2-9462-1bdc0d0b66e7%2Fpgf1pbw_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Assuming a mark-up of 13.54% and that your payment will be received 60 days after the start of the project, what is the cumulative
total at the 5th month?
Month
1
2
13
14
5
16
7
18
Total
Planned Monthly
Costs
$13,110.84
$14,261.79
$36,314.98
$57.441.75
$27.141.85
$21,763.22
SO
$O
Planned Monthly
Revenue
$
Cumulative Costs
Cumulative Revenue
Cumulative Total
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