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Prepare a revenue budget for Saunders Home Health Agency. Blue Cross members can only be charged $60 for a nurse visit by the agency, even though the agency normally charges $75. Aetna Insurance Company has agreed to pay 80% of the agency's normal charge. Medicaid regulations call for it to pay the cost of care, and that the cost of each visit is $45. Suppose further that Medicare has a fee schedule that calls for it to pay $50 for this type of patient. The agency gives a $50 discount to poor uninsured patients, charging them only $25. Saunders expects 40 Blue Cross, 15 Aetna, 20 Medicaid, 50 Medicare, 25 uninsured and 20 self-pay visits. Of the self-pay patients, three-quarters pay their full charge, but one-quarter never pay any of their bill. Prepare a revenue budget for Saunders Home Health Agency. Will Saunders have a profit or loss?
mobley company purchased an asset with a list price of 35000. mobley received a 2 cash discount. the asset was
On the following facts about an Enterprise Fund for a utility operation: Invested in capital assets, net of related debt, would be?
on september 1 2012 jacob company sold at 104 plus accrued interest 3120 of its 9 10-year 1000 face value
The expected life and salvage value each are four years and $15,000 respectively. Lake Shuttle has an average cost of capital of 14%. A. Calculate the net present value of the investment opportunity.
on september 1 the balance of the accounts receivable control account in the general ledger of seaver company was
Compute CollegePak's break-even point in sales dollars for the year. Compute the number of sales units required to earn a net income of $180,000 during the year.
barker co. acquired 75 percent of the voting common stock of smith corp. on january 1 2013. during the year barker made
What are the steps in completing the accounting cycle? How do the different steps affect the financial statements?
Cara has received a special order from a foreign company for 5,000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $4,250 for shipping.
Dee's inventory and accounts payable balances at December 31, 2011, increased over their December 31, 2010, balances. Should these increases be added to or deducted from cash payments to suppliers to arrive at 2011 cost of goods sold?
haslett corporation uses standard costs with its job order cost accounting system. in january an order job no. 12 for
the controller of sagehen enterprises believes that the company should switch from the lifo method to the fifo method.
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