Construction Financial Management

Construction Financial Management S L Tang Download free books at S.L Tang Construction Financial Management Download free eBooks at bookboon.com Construction Financial Management 3rd edition © 2015 S.L Tang & bookboon.com ISBN 978-87-403-0956-0 Download free eBooks at bookboon.com Construction Financial Management Contents Contents Financial Statements – Income Statement and Balance Sheet 1.1 Introduction 1.2 Income Statement 1.3 Balance Sheet 1.4 Working Capital and Current Ratio 12 1.5 Under Billing and Over Billing 13 1.6 Worked Examples 15 Financial Statement Analysis of a Construction Company 21 2.1 Analysis of Financial Statements by Financial Ratios 21 2.2 Five Categories of Financial Ratios 21 2.2 A Case Study 25 www.sylvania.com We not reinvent the wheel we reinvent light Fascinating lighting offers an ininite spectrum of possibilities: Innovative technologies and new markets provide both opportunities and challenges An environment in which your expertise is in high demand Enjoy the supportive working atmosphere within our global group and beneit from international career paths Implement sustainable ideas in close cooperation with other specialists and contribute to inluencing our future Come and join us in reinventing light every day Light is OSRAM Download free eBooks at bookboon.com Click on the ad to read more Construction Financial Management Contents Compound Interest, Net Present Value (NPV), Equivalent Annual Cost and Loan Redemption 33 3.1 Nominal Interest Rate and Real Interest Rate 33 3.2 Compound Interest Calculations 35 3.3 Beneit-Cost Ratio 43 3.4 Salvage Value and Equivalent Annual Cost 43 3.5 Redeeming a Loan 46 3.6 Principal Amortization and Interest Payment of a Loan 49 Internal Rate of Return (IRR) and the Diferences between IRR and NPV 53 4.1 Net Cash Flow (NCF) 53 4.2 DCF Method and IRR 54 4.3 IRR versus NPV 57 4.4 IRR as Financial Indicator and NPV as Economic Indicator 61 Efect of Inlation 66 5.1 Introduction 66 5.2 Real IRR and Its Calculation in a World with Inlation 66 5.3 When Is Inlation Adjustment Considered Or Not Considered? 69 5.4 Concluding Remarks 71 360° thinking Discover the truth at www.deloitte.ca/careers Download free eBooks at bookboon.com © Deloitte & Touche LLP and affiliated entities Click on the ad to read more ...S.L Tang Construction Financial Management Download free eBooks at bookboon.com Construction Financial Management 3rd edition © 2015 S.L Tang & bookboon.com... 13 1.6 Worked Examples 15 Financial Statement Analysis of a Construction Company 21 2.1 Analysis of Financial Statements by Financial Ratios 21 2.2 Five Categories of Financial Ratios 21 2.2 A... bookboon.com ISBN 978-87-403-0956-0 Download free eBooks at bookboon.com Construction Financial Management Contents Contents Financial Statements – Income Statement and Balance Sheet 1.1 Introduction