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Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:
30 Medicare cases
pay $2,000 per case
30 Blue Cross Blue Shield cases
pay $2,200 per case
20 commercial cases
pay 100 percent of charges
10 Medicaid cases
pay average cost
8 self-pay cases
2 charity cases
pay nothing
Average cost per case is expected to be $2,200, and the average charge per case is $2,500
Calculate Gross patient revenue and deductions from gross patient revenue1
you should have four categories:
Gross patient revenue
Deductions from gross patient revenue
Net patient revenue
Total expenses
Excess of revenues over expenses ($2,000)***************
The firm is liquidated, and $120,000 in cash is received for the noncash assets. Bay and Lee income ratios are 55% and 45%, respectively.
What financial factors should management consider when deciding whether to sell a product at the split off point or process it further?
internal control procedures as an auditor you have discovered the following problems with the accounting system control
For the current year ending April 30, Hal Company expects fixed costs of $60,000, a unit variable cost of $70, and a unit selling price of $105.(a) Compute the anticipated break-even sales (units). (b) Compute the sales (units) required to realize..
Management has studied the problem and it appears that beginning inventories may be the cause of the unmatched information. The reason for this is that the inventories have a different financial base because of the severe inflation.
ABC Hardware store is open for business 350 days a year. Annual demand for a power cutter at this store is 700 units. Replenishment cost is $15 per order and annual inventory holding cost is 10% of the inventory value.
To acquire land and building the company paid $80,000 cash and 800 shares of its 8% cumulative preferred stock, par value $100 per share. Fair market value of the stock is $117 per share.
NON-MONETARY STOCK TRANSACTION
coley co. issued 15 million face amount of 9 10-year bonds on june 1 2013. the bonds pay interest on an annual basis on
Determine whether the taxpayer in each of the following situations has realized income. Explain why there has or has not been a realization, and determine the amount of income to be reported:
Alberta, a large segment of the press release was devoted to outlining all of the expected benefits to be received from the assets acquired. The acquisition price represented a 35 percent premium over Gulf a closing share price on the announcement..
The base rate of managerial incompetence is estimated to be 50 to 75%. This means that a majority of people in positions of authority have difficulties getting a group of people to work effectively together or get results.
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