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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?
1.a 60-day 12 note for 10000 dated may 1 is received from a customer on account. the maturity value of the note
Describe what assets value would be if Liabilities are $12,000 and Owners' Equity is $50,000 by showing the Accounting Equation and
a firm produces its products by a continuous process involving three production departments 1 through 3. present
xyz co had the following payroll transactions for the first pay period in 2012.wages 13000federal income tax withheld
Explain how shaving 5% off the estimated direct labor hours in the base of the predetermined overhead rate usually results in a big boost in the net operating income at the end of the year.
a broad principle that requires identifying the activities of a business with specific time periods such as months
thome company uses a flexible budget for manufacturing overhead based on direct labor hours. variable manufacturing
A firm expects to sell 10,000 units of its product annually. It estimates that it costs $200 to place an order and that each unit costs $7 annually to carry in inventory. It takes 7 days to receive an order once it is placed, and the store is open..
describe cash flows from financing activities and provide three examples of cash inflows and three examples of cash
fireout inc. manufactures steel cylinders and nozzles for two models of fire extinguishers 1 a home fire extinguisher
lt?xmlnamespace prefix o ns urnschemas-microsoft-comofficeoffice gt below is budgeted production and sales
Which of the following describes job order or process costing?
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