SOLUTION MANUAL For Construction Accounting and Financial Management, 4th Edition Steven J. Peterson |All Chapters (1 - 18)| Complete Newest Version 2024/2025 A+

SOLUTION MANUAL kd




ConstructionAccountingandFinancialManagement,
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4thEditionStevenJ.Peterson
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Chapters1 - 18, CompleteNewest Version
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Construction Accounting and Financial Management,
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, CONTENTS
New to the Fourth Edition
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Chapter 1: Construction FinancialManagement
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Chapter 2: ConstructionAccounting Systems
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Chapter 3: Accounting Transactions
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Chapter 4: More Construction Accounting
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Chapter 5: Depreciation
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Chapter 6: Analysis of FinancialStatements
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Chapter 7: Managing Costs
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Chapter 8: Determining Labor Burden
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Chapter 9: Managing GeneralOverhead Costs
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Chapter 10: Setting Profit Margins for Bidding
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Chapter 11: Profit Center Analysis
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Chapter 12: Cash Flows For Construction Projects
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Chapter 13: Projecting Income Taxes
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Chapter 14: Cash Flows for a Construction Company
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Chapter 15: Time Value of Money
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Chapter 16: Financing a Company’s Financial Needs
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Chapter 17: Making Financial Decisions
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Chapter 18: Income Taxes and Financial Decisions
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Construction Accounting and Financial Management, k d k d k d kd

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Construction Accounting and Financial Management,
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, NewtotheFourthEdition kd kd kd kd




The major changestothe fourthedition include the following
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• The business failure rate for constructioncompanies inChapter 1 have be
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enupdated.
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• Sectionsoncost segregation and bonus depreciation have been added to Chapter 5. kd kd kd kd kd kd kd kd kd kd kd kd




• The discussion oftypical median ratios in Chapter 6 has been updated.
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• Asection onthe monitoring and controlling process has beenadded to Chapter 7.
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• Asection on managing design-build costs has been added to Chapter 7.
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• The wages, socialsecurity, and Medicare costs were updated inChapters8,
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9,and 14.
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• A weeklycash flow problem has been added to Chapter 12.
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• The incometaxregulations inChapter 13 have been updatedto incorpora
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teprovisions of The Tax Cuts and Jobs Act passed in December 2017.
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• The project cash flows used to develop an annual cash flow for a construction c
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ompany have been expanded to cover the entire project (including work done i
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nthe prior year) and the calculation of the underbillings/overbillings has been i
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ncluded in Chapter 14.
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• The effects oftaxes ondecision has beenupdated in Chapter 18to incorporatet
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heTax Cuts and Jobs Act.
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The Instructor’s Manual includes a list of learning objectives, instructional hints, suggest ed
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activities, and resources for each chapter. Files for the figures and tables in the textb ook are
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found on the instructor’s website. It is my hope that these resources will make i t easier for
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course instructors to teach the material in a meaningful manner. Because th e courses that
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use this textbook are quite diverse, it is impossible to organize the chapte rs into one best
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order. Each instructor should consider his or her individual program and determine which
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chapters need to be taught and in what order.
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Best wishes, kd




Steven J. Peterson, MBA, PE kd kd kd kd