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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Accounts Receivable Turnover . Accounts Receivable Turnover is an activity ratio that measures how efficiently a firm uses its assets. Formula: Revenue / Accounts Receivable . Debt-to-Equity .

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Types of Capital for Construction Businesses

Levelset

Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. For most businesses, working capital will be front of mind, but debt capital and equity capital serve important purposes as well. Equity capital. 3 types of capital for construction. Learn More.

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Octavius buys R&W out of administration

Construction Enquirer

Private equity owned Octavius was formerly known as Osborne Infrastructure. “Securing this acquisition supports our ambitious growth plans to become a market leading transport infrastructure provider. Latest accounts for R&W Civil Engineering for the year to March 31 2022 show a turnover of £31.8m

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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

Home value increases have taken more than 1 million homes out of an “underwater” status, meaning the loans secured by the property were 25% higher than the home’s market value. On the flip side, “equity-rich” homes that have a value at least double the loan balance, increased by 4.2 They now account for 34.4% cbroderick.

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13 trends, technologies, and strategies to expect in 2023

BD+C

Decarbonization of healthcare With the healthcare industry accounting for a yearly average of 5% of the carbon emissions of industrialized nations, many owners, architects, and engineers have already made commitments to reduce, and eventually eliminate, the carbon footprint of their healthcare building projects.

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QuickBooks Online Converted To QuickBooks Contractors Desktop Online

Contractor Bookkeeping

Updating Chart of Accounts. Tax Accountants in an effort to make QuickBooks online easier for them. Tucked Securely In A Building With Armed Guards. All QuickBooks Files Are Backed Up Every Night On A Secured Server. Now Lets Examine The Differences Between Construction Accounting Vs. Regular Accounting.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

All Accounting Uses The Accounting Equation. Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. -. Regular Bookkeeping - Is roughly 80% of all accounting for businesses in the world. Construction Accounting Titles = 233. Regular Accounting Titles = 115.