Solution Manual for
Contemporary Engineering
Economics 7th Edition by
Chan Park
More than 60,000 Solution Manual and Test
Bank are available in our archive.
If you want full complete of this solution Manual, don’t hesitate to contact me:
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,Contemporary Engineering Economics, 7th ed. 2023
Chapter 1 Engineering Economic Decisions
1.1
• Lease
o Deposit (typically one month worth of deposit) refundable when lease
expires.
o Monthly lease payment
o Monthly maintenance fees
o Monthly utility expenses
• Buy
o Closing fees
o Down payment
o Monthly mortgage payments
o Property taxes
o Monthly utility fees
o Monthly maintenance fees
o Repair expenses
o Homeowners’ association fee (if applicable)
1.2
• Option 1:
o Total amount at the end of two years: $1,150
• Option 2:
o Loan $500 to a friend for one year and receive $600
o Deposit $500 (left over) in a back at 3% for two years:
$500(1.03)(1.03) = $530.45
o Deposit $600 received from your friend at 3% per year for a year:
$600(1.03) = $618
Total amount at the end of two years:
$530.45 + $618 = $1,148.45
These two options are about the same. But considering the trustworthiness, you
could go with Option 2.
1
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Contemporary Engineering Economics, 7th ed. 2023
Chapter 2 Accounting Information for Engineering
Economic Decisions
2.1
(2) Income statement; (1) balance sheet; (3) cash flow statement; (4) operating
activities; (5) investing activities, and (6) financing activities; (7) capital account
(paid-in capital)
2.2
(7), (8), (1), (11), (3), (9)
2.3
(a)
• Current assets = $150,000 + $200,000 + $150,000 + $50,000 + $30,000
= $580,000
• Current liabilities = $50,000 + $100,000 + $80,000 = $230,000
• Working capital = $580,000 - $230,000 = $350,000
• Shareholder’s equity = $100,000 + $150,000 + $150,000 + $70,000
= $470,000
(b) EPS = $500,000/10,000 = $50 per share
(c) Par value = $15; capital surplus = $150,000/10,000 = $15
Market price = $15 + $15 = $30 per share
2.4
(a) Shareholder’s equity in 2021 = $700 - $510 = $190(M)
Shareholder’s equity in 2022 = $900 - $640 = $260(M)
(b) Net working capital in 2021 = $100 - $60 = $40(M)
Net working capital in 2022 = $200 - $90 = $110(M)
(c) The income taxes in year 2022:
($2,350 - $1,130-$420-$210) *0.35 = $206.5(M)
(d) $383.50 + $420=$803.50 (M)
(Cash from Operating activities = Net income + Depreciation)
1
Contemporary Engineering
Economics 7th Edition by
Chan Park
More than 60,000 Solution Manual and Test
Bank are available in our archive.
If you want full complete of this solution Manual, don’t hesitate to contact me:
Email:
WhatsApp: https://wa.me/message/2H3BV2L5TTSUF1
Telegram: https://t.me/solutionmanual
We can access any Solution Manual, Test Bank and E-Books.
Important: Our service is not available for these countries: Libya, Syria,
Yemen, Iran, North Korea, Venezuela, Myanmar, Cuba, Somalia,
,Contemporary Engineering Economics, 7th ed. 2023
Chapter 1 Engineering Economic Decisions
1.1
• Lease
o Deposit (typically one month worth of deposit) refundable when lease
expires.
o Monthly lease payment
o Monthly maintenance fees
o Monthly utility expenses
• Buy
o Closing fees
o Down payment
o Monthly mortgage payments
o Property taxes
o Monthly utility fees
o Monthly maintenance fees
o Repair expenses
o Homeowners’ association fee (if applicable)
1.2
• Option 1:
o Total amount at the end of two years: $1,150
• Option 2:
o Loan $500 to a friend for one year and receive $600
o Deposit $500 (left over) in a back at 3% for two years:
$500(1.03)(1.03) = $530.45
o Deposit $600 received from your friend at 3% per year for a year:
$600(1.03) = $618
Total amount at the end of two years:
$530.45 + $618 = $1,148.45
These two options are about the same. But considering the trustworthiness, you
could go with Option 2.
1
, https://unihelp.xyz/solution-manual-contemporary-engineering-economics-park/
Contact me on email () to access complete document, if you can't open/access/reach our si
Contemporary Engineering Economics, 7th ed. 2023
Chapter 2 Accounting Information for Engineering
Economic Decisions
2.1
(2) Income statement; (1) balance sheet; (3) cash flow statement; (4) operating
activities; (5) investing activities, and (6) financing activities; (7) capital account
(paid-in capital)
2.2
(7), (8), (1), (11), (3), (9)
2.3
(a)
• Current assets = $150,000 + $200,000 + $150,000 + $50,000 + $30,000
= $580,000
• Current liabilities = $50,000 + $100,000 + $80,000 = $230,000
• Working capital = $580,000 - $230,000 = $350,000
• Shareholder’s equity = $100,000 + $150,000 + $150,000 + $70,000
= $470,000
(b) EPS = $500,000/10,000 = $50 per share
(c) Par value = $15; capital surplus = $150,000/10,000 = $15
Market price = $15 + $15 = $30 per share
2.4
(a) Shareholder’s equity in 2021 = $700 - $510 = $190(M)
Shareholder’s equity in 2022 = $900 - $640 = $260(M)
(b) Net working capital in 2021 = $100 - $60 = $40(M)
Net working capital in 2022 = $200 - $90 = $110(M)
(c) The income taxes in year 2022:
($2,350 - $1,130-$420-$210) *0.35 = $206.5(M)
(d) $383.50 + $420=$803.50 (M)
(Cash from Operating activities = Net income + Depreciation)
1
