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University of Maryland ICT Networking Company Budget Worksheet

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Construct a working budget for your project using Microsoft Excel. Request quotes from your preferred suppliers discussed last week, or search for publicly-available commercial products that would serve your purpose and presume your company receives a 50% discount off retail pricing. If you are unable to obtain reasonable salary/compensation rates, use $25/hr as a baseline for all parties. Use your local tax rate. Include reference sites with your preferred product on a second tab within the workbook.

Use the spreadsheets reviewed in this week of class as models for developing your budget. Build in appropriate formulas and calculations.

This assignment will be submitted for an independent grade during Week 5. Then, your completed budget should be incorporated into your Final Term Project at the end of the course.

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