(eBook PDF) Construction Accounting & Financial
Management 3rd Edition install download
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,
, Contents vii
Types of Costs 122 Nondeductible Expenses/Costs 180
Sample of a General Overhead Budget 123 Tax Credits 180
• Conclusion 131 • Discussion Questions 131 Alternate Minimum Tax 181
• Problems 131
Projecting Taxable Income 181
CHAPTER 10 Setting Profit Margins • Conclusion 181 • Discussion Questions 181
for Bidding 133 • Problems 182 • References 182
The Profit Equation 133 CHAPTER 14 Cash Flows for
Contribution Margin 134 Construction Companies 183
Projecting Break-Even Volume of Work 134 Incorporating Construction Operations 183
Projecting Break-Even Contribution Margin Incorporating General Overhead 192
Ratio 135 Income Taxes, Interest, Loan Payments, and Cash
Adjusting the Financial Mix 136 Balance 193
Profit and Overhead Markup 137 Determining the Minimum Monthly Balance 196
• Conclusion 139 • Discussion Questions 139 Fine-Tuning, What-If, and Sensitivity Analysis 197
• Problems 139
• Conclusion 199 • Discussion Questions 199
• Problems 199
CHAPTER 11 Profit Center Analysis 141
Sources of Profit 141 CHAPTER 15 Time Value of Money 202
Allocation of General Overhead 143 Equivalence 202
Profit Center Analysis 144 Single-Payment Compound-Amount Factor 203
Crews as Profit Centers 145 Single-Payment Present-Worth Factor 205
Project Management as Profit Centers 146 Uniform-Series Compound-Amount Factor 206
Estimators as Profit Centers 146 Uniform-Series Sinking-Fund Factor 208
Types of Jobs as Profit Centers 146 Uniform-Series Present-Worth Factor 209
Customers as Profit Centers 148 Uniform-Series Capital-Recovery Factor 210
Equipment as Profit Centers 149 Cash Flow Diagrams 211
• Conclusion 149 • Discussion Questions 150 Complex Cash Flows 211
• Problems 150
Find Unknown Periodic Interest Rates 215
Inflation and Constant Dollars 217
PART IV
Taxes on Interest 218
MANAGING CASH FLOWS 153 • Conclusion 218 • Discussion Questions 218
• Problems 219
CHAPTER 12 Cash Flows for
Construction Projects 154 CHAPTER 16 Financing a Company’s
Cash Flow for Projects with Progress Payments 154 Financial Needs 221
Cash Flow for Projects with a Single Payment 167 Interest 221
• Conclusion 170 • Discussion Questions 170 Simple Interest 221
• Problems 170
Compound Interest 222
CHAPTER 13 Projecting Income Taxes 174 Yield or Annual Percentage Yield 222
Corporate versus Personal Income Tax 174 Fixed versus Variable Interest Rates 224
Taxable Income 174 Loans and Lines of Credits 224
Payment of Income Taxes 175 Loans 225
Income Tax Rates 175 Long-Term Loans 225
Marginal or Incremental Tax Rate 176 Amortization Schedule 229
Capital Gains and Losses 178 Closing Costs 231
Tax Consequences of Depreciation 178 Short-Term Loans 235
, viii Contents
Lines of Credits 236 Rate of Return 260
Compensating Balance 237 Incremental Rate of Return 263
Commitment Fee 238 Capital Recovery with Return 264
Leasing 239 Payback Period without Interest 265
Trade Financing 239 Payback Period with Interest 267
Credit Cards 240 Project Balance 268
Equity Financing 240 Noneconomic Factors in Decision Making 269
Selecting a Banker 241 • Conclusion 270 • Discussion Questions 270
• Problems 271
Applying for a Loan 241
Loan Documents 242 CHAPTER 18 Income Taxes and Financial
• Conclusion 242 • Discussion Questions 242 Decisions 273
• Problems 242 Losses Carried Forward 273
Different Tax Rates 274
PART V Depreciation 275
MAKING FINANCIAL Capital Gains 275
DECISIONS 245 Tax Credits 276
CHAPTER 17 Tools for Making Financial After-Tax Cash Flows 276
Decisions 246 • Conclusion 282 • Discussion Questions 283
• Problems 283
Sunk Costs 248
MARR (Minimum Attractive Rate of Return) 248 Appendix A Computerized Accounting Systems 284
Adjusting Life Spans 249 Appendix B Excel Primer 286
Study Period 249 Appendix C Trend Analysis 290
Shortening an Alternative’s Life 249 Appendix D Derivation of Selected Equations 294
Lengthening an Alternative’s Life 250
Appendix E Interest Factors 296
Repurchasing an Alternative 250
Appendix F Glossary 328
Net Present Value or Present Worth 251
Appendix G List of Variables 334
Incremental Net Present Value 256
Future Worth 258 Index 335
Annual Equivalent 259
Management 3rd Edition install download
https://ebookluna.com/product/ebook-pdf-construction-accounting-
financial-management-3rd-edition/
Download more ebook instantly today - Get yours now at ebookluna.com
,
, Contents vii
Types of Costs 122 Nondeductible Expenses/Costs 180
Sample of a General Overhead Budget 123 Tax Credits 180
• Conclusion 131 • Discussion Questions 131 Alternate Minimum Tax 181
• Problems 131
Projecting Taxable Income 181
CHAPTER 10 Setting Profit Margins • Conclusion 181 • Discussion Questions 181
for Bidding 133 • Problems 182 • References 182
The Profit Equation 133 CHAPTER 14 Cash Flows for
Contribution Margin 134 Construction Companies 183
Projecting Break-Even Volume of Work 134 Incorporating Construction Operations 183
Projecting Break-Even Contribution Margin Incorporating General Overhead 192
Ratio 135 Income Taxes, Interest, Loan Payments, and Cash
Adjusting the Financial Mix 136 Balance 193
Profit and Overhead Markup 137 Determining the Minimum Monthly Balance 196
• Conclusion 139 • Discussion Questions 139 Fine-Tuning, What-If, and Sensitivity Analysis 197
• Problems 139
• Conclusion 199 • Discussion Questions 199
• Problems 199
CHAPTER 11 Profit Center Analysis 141
Sources of Profit 141 CHAPTER 15 Time Value of Money 202
Allocation of General Overhead 143 Equivalence 202
Profit Center Analysis 144 Single-Payment Compound-Amount Factor 203
Crews as Profit Centers 145 Single-Payment Present-Worth Factor 205
Project Management as Profit Centers 146 Uniform-Series Compound-Amount Factor 206
Estimators as Profit Centers 146 Uniform-Series Sinking-Fund Factor 208
Types of Jobs as Profit Centers 146 Uniform-Series Present-Worth Factor 209
Customers as Profit Centers 148 Uniform-Series Capital-Recovery Factor 210
Equipment as Profit Centers 149 Cash Flow Diagrams 211
• Conclusion 149 • Discussion Questions 150 Complex Cash Flows 211
• Problems 150
Find Unknown Periodic Interest Rates 215
Inflation and Constant Dollars 217
PART IV
Taxes on Interest 218
MANAGING CASH FLOWS 153 • Conclusion 218 • Discussion Questions 218
• Problems 219
CHAPTER 12 Cash Flows for
Construction Projects 154 CHAPTER 16 Financing a Company’s
Cash Flow for Projects with Progress Payments 154 Financial Needs 221
Cash Flow for Projects with a Single Payment 167 Interest 221
• Conclusion 170 • Discussion Questions 170 Simple Interest 221
• Problems 170
Compound Interest 222
CHAPTER 13 Projecting Income Taxes 174 Yield or Annual Percentage Yield 222
Corporate versus Personal Income Tax 174 Fixed versus Variable Interest Rates 224
Taxable Income 174 Loans and Lines of Credits 224
Payment of Income Taxes 175 Loans 225
Income Tax Rates 175 Long-Term Loans 225
Marginal or Incremental Tax Rate 176 Amortization Schedule 229
Capital Gains and Losses 178 Closing Costs 231
Tax Consequences of Depreciation 178 Short-Term Loans 235
, viii Contents
Lines of Credits 236 Rate of Return 260
Compensating Balance 237 Incremental Rate of Return 263
Commitment Fee 238 Capital Recovery with Return 264
Leasing 239 Payback Period without Interest 265
Trade Financing 239 Payback Period with Interest 267
Credit Cards 240 Project Balance 268
Equity Financing 240 Noneconomic Factors in Decision Making 269
Selecting a Banker 241 • Conclusion 270 • Discussion Questions 270
• Problems 271
Applying for a Loan 241
Loan Documents 242 CHAPTER 18 Income Taxes and Financial
• Conclusion 242 • Discussion Questions 242 Decisions 273
• Problems 242 Losses Carried Forward 273
Different Tax Rates 274
PART V Depreciation 275
MAKING FINANCIAL Capital Gains 275
DECISIONS 245 Tax Credits 276
CHAPTER 17 Tools for Making Financial After-Tax Cash Flows 276
Decisions 246 • Conclusion 282 • Discussion Questions 283
• Problems 283
Sunk Costs 248
MARR (Minimum Attractive Rate of Return) 248 Appendix A Computerized Accounting Systems 284
Adjusting Life Spans 249 Appendix B Excel Primer 286
Study Period 249 Appendix C Trend Analysis 290
Shortening an Alternative’s Life 249 Appendix D Derivation of Selected Equations 294
Lengthening an Alternative’s Life 250
Appendix E Interest Factors 296
Repurchasing an Alternative 250
Appendix F Glossary 328
Net Present Value or Present Worth 251
Appendix G List of Variables 334
Incremental Net Present Value 256
Future Worth 258 Index 335
Annual Equivalent 259
