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Problem: Cash Flow Analysis
For the attached Gantt chart, the following information is available:
Invoices are sent at the end of each month.
Mark up is 20% on each invoice.
Invoices are paid one moth later.
The retained amount is 10% of the invoice value
All retained amounts are received 1 month after the completion of the project
Plot the cash-in and cash-out curve for the project and tabulate the amount to be financed every month.
Following the Initial Public Offering (IPO), the shares of Rosetta Stone, the language instruction company, jumped almost 44 percent from an initial price of $18 to $25.55 in late-
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explain the process involved in acounting
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