QUESTION 10 The below table shows the contractor's monthly revenue for constructing a small house which will take 6 months to erect. The contractor prepares an invoice and submits it every two months and gets paid one month later. If the advance payment is 19 % of total revenue, retention18%, and Mark-up 20%. TIME (Month) 2 4 Monthly Revenue The cumulative income (in thousands of Riyals) to the contractor at the end of month number 5 is? 28 56 56 45 33 36
QUESTION 10 The below table shows the contractor's monthly revenue for constructing a small house which will take 6 months to erect. The contractor prepares an invoice and submits it every two months and gets paid one month later. If the advance payment is 19 % of total revenue, retention18%, and Mark-up 20%. TIME (Month) 2 4 Monthly Revenue The cumulative income (in thousands of Riyals) to the contractor at the end of month number 5 is? 28 56 56 45 33 36
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please solve 10
Transcribed Image Text:QUESTION 10
The below table shows the contractor's monthly revenue for constructing a small house which will take 6 months to
erect. The contractor prepares an invoice and submits it every two months and gets paid one month later. If the
advance payment is 19 % of total revenue, retention18%, and Mark-up 20%.
TIME (Month)
2
3
4
6.
Monthly Revenue
The cumulative income (in thousands of Riyals) to the contractor at the
end of month number 5 is?
28
56
56
45
33
36
QUESTION 11
The below table shows the contractor's monthly revenue for constructing a small house which will take 6 months to-
erect. The contractor prepares an invoice and submits it every two months and gets paid one month later. If the
advance payment is 15% of total revenue, retention 5%, and Mark-up 20%.
TIME (Month)
1
2
3
6
44
38
35
Monthly Revenue
The project's total price (in thousands of Riyals) is?
29
39
48
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