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Grandview clinic has a fixed cost of $2million and an average variable cost rate of $15 per visit. Its sole payer, an HMO, has proposed an annual capitation payment of $150 for each of its 20,000 members. Past experience indicates the population served will average two visits per year.
using the following balance sheet and income statement data what is the current ratio?current assets 9000 net income
Some savings and investment choices have the potential for higher earnings. However, these may also be difficult to convert to cash when you need the funds. This problem refers to
Assume Green Leaf Nursery anticipated sales of $500 in this quarter. Accounts receivable at the beginning of the quarter was $300. Assuming a collection period of 30 days, which is the approximate cash collections amount for the quarter?
When are initial direct costs recognized in an operating lease? In a direct financing lease? In a sales-type lease? Why?
Evaluate what a cumulative loss in the retained earnings section of a company's balance sheet might indicate about the financial performance in the future, indicating how this may influence decisions made about the company. Provide support for you..
Olgas proprietorship earned a net profit of $95,000 during the year and she withdrew $70,000 of this profit. Olga must report $70,000 net income from the proprietorship on her individual income tax return.
The reconciliation from governmental changes in fund balances to governmental activities changes in net assets would reflect a(an):
merchandise sales journal entries two sales. journalize the following entriesa. on june 4 lmn company sold merchandise
At the time of issuance, the market interest rate for similar financial instruments is 10%. Instructions: As the controller of the company, determine the selling price of the bonds.
If the effective interest method is used, by how much should the bond discount be reduced for the 6 months ended December 31, 2009?
Prepare the journal entries necessary to bring the company's book balance of cash into conformity with the reconciledcash balance as of July 31, 2009.
Prepare the manufacturing staffs calculations, In the fIrst set of calculations, the staff used a discount rate of 20 percent, a fIve-year time horizon, and ignored taxes and terminal value. What is the relative attractiveness of these three alternat..
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