Calculate the amount the hospital

Assignment Help Finance Basics
Reference no: EM13747694

Jordan an auditor, is performing a routine review of a not-for-profit hospital and noted the following account balances in the statement of operations for the fiscal year ending

Sept. 30, 2011:

Gross patient service revenue from all $ 4,450,000

services at the hospital's established

billing rate

Bad debt expense $ 90,000

Contractual adjustments $ 420,000

Calculate the amount the hospital would report as net patient service revenue in its statement of operations for the fiscal year ending Sept. 30, 2011.

Reference no: EM13747694

Questions Cloud

Generate a market evaluation for an asian : For a product category of your choice, search in news media and on-line data sources to generate a market evaluation for an Asian or Latin American country (your choice again), in the new global financial situation.
Change some of the critical numbers : Create an interactive spreadsheet that allows the viewer to change some of the critical numbers to realize the possible risks involved with different variables.
What would be in your global code of ethics : Read Kidder's "Universal Human Values: Finding an Ethical Common Ground." What would be in your global code of ethics?
Compare colonization methods used spanish and french : Compare and contrast the colonization methods used by each. Be sure to discuss the goals, characteristics, and lasting effects of each power's methods.
Calculate the amount the hospital : Calculate the amount the hospital would report as net patient service revenue in its statement of operations for the fiscal year ending Sept. 30, 2011.
Firm income tax liability : ABC company had a taxable income of $187,859 from operations after all operating costs but before interest charges of $59,616, dividends received of $74,677, dividends paid of $5,000, and income taxes. What is the firm's income tax liability?
Foreign corporation through the transfer of property : You have been hired by a U.S. corporation that wants to form a foreign corporation through the transfer of property. Propose a strategy for the client to transfer property into the foreign corporation that will help the client to avoid or mitigate..
Why violence break out in kansas after passage of kansas-act : Why did violence break out in kansas after passage of the kansas-nebraska act.
Entire securitization market : The subprime securitization market collapsed in late 2007 and entire securitization market effectively closed in the second quarter of 2008. From then through June 30, 2009, the Motorcycle Trust was unable to sell notes backed by Harley-Davidson ..

Reviews

Write a Review

Finance Basics Questions & Answers

  The number of 10 peso coins is less than four times the

a childs piggy bank contains 5 and 10 peso coins. the number of 10 peso coins is less than four times the number of 5

  The company has 200000 loan outstanding from local

the company has 200.000 loan outstanding from local community bank. the interest rate on the loan is 11.5 fixed.

  Describe common agency biases and how they are likely to

describe common agency biases and how they are likely to bias npv

  What were the total dividends paid to shareholders

The previous year, its balance related earnings sheet showed $780 million of retained earnings. What were the total dividends paid to shareholders during the most recent year?

  Find the value of the stock per share

The income tax rate of the company is 30%. Find the value of the stock per share after this buyback. Is the company making the right move?

  Determine the payback period for the project

A project requires an initial outlay of $100,000, and is expected to generate annual net cash inflows of $28,000 for the next 5 years. Determine the payback period for the project.

  Find the comparable interest rate compounded monthly

Find the comparable interest rate compounded monthly if it is 15% per year compounded quarterly.

  Identify the most efficient capital structures

Identify the most efficient capital structures for both a manufacturing company and a software development firm.

  How much potential value would the firm lose

You were hired to advise the firm on the best procedure. If the wrong decision criterion is used, how much potential value would the firm lose? WACC: 5.99% Year 0 1 2 3 4 CFS $1,008 $380 $380 $380 $380 CFL $2,163 $765 $765 $765 $765

  Discuss the current structure of the banking industry

Discuss the current structure of the banking industry. Compare and contrast today's structure versus historical structures - Why has consolidation occurred and who will experience benefits and losses - customers, the institutions, etc.

  Calculate the project initial time

Calculate the project's initial time 0 cash flow, taking into account all side effects.

  Determination of functions

Which of the following are functions discuss and explain your reasoning for a, b, and c. Keep the definition of a function strongly in mind as you do this problem, it is not nearly as difficult as it may look.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd