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Question: Use of Accounting Information in Hospitals Most U.S. hospitals do not derive their revenues directly from patients. Instead, revenues come through third parties, such as insurance companies and government agencies. Until the 1980s, these payments generally reimbursed the hospital's costs of serving patients. Such payments, however, are now generally flat fees for specified services. For example, the hospital might receive $7,000 for an appendectomy or $28,000 for heart surgery-no more, no less. How might the method of payment change the demand for accounting information in hospitals? Relate your answer to the decisions of top management.
1. what are examples of irregular items?2. how does a change in accounting principles affect the financial
Tyndol Fabricators inc. manufactures a product in two departments. The product is cut out of sheet metal and bent to shape in the cutting and forming department and then transferred to the assembling department, where parts purchased from outside ..
Discuss the practical difficulties in preparing a statement of cash flows pursuant
p 6-15 the following financial data were taken from the annual financial statements of smith corporation 2009 2010 2011
Beginning inventory for September is expected to be $4,000 suits. What is the dollar amount of purchase of suits? Each suit has a cost of $75.
What is the appropriate weight of debt, What is the appropriate weight of common equity
tucki co. receives 269083 when it issues a 269083 10 mortgage note payable to finance the construction of a building at
1.borrowed 540000 in jan 2014 made 12 monthly payments during the year reducing the balance of the loan by 40628. 2.
Which of the decision rules (payback, NPV, or IRR) do you think is the best rule for a firm to use when evaluating projects? Be sure to justify your choice.
What advantages might arise from using current-cost asset measures as compared with historical cost measures for evaluating the performance of the managers.
Compute the average target markup percentage for setting prices as a percentage
The Purple Martin has annual sales of $887,400, total debt of $210,000, total equity of $465,000, and a net profit margin of 5%. What is its return on assets?
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