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Suppose that a nursing home has two categories of payers. Medicaid pays $60 per day, and private-pay patients pay the established per diem. However, approximately 10 percent of private-pay charges are not collected. Variable costs are $45 per day, and fixed costs are expected to be $1 million. Expected volume is 50,000 patient days. If 50 percent of the patients are Medicaid, and 50 percent are private pay, what rate must be set to generate $150,000 in profit?
question 1. bilton company reported net income of 30000 for the year. during the year accounts receivable increased by
Big Al's Pizza Managerial Accounting Part Seven: Using net present value (NPV) analysis compare the present value of the lease payments with the cost of buying the equipment to replace the leased equipment as explained in Part Seven. Assume a 10% ..
Monthly Payment for a $1,000 Loan Annual Interest Rat Length of Loan in Years 20 25 30 6.00 % $7.16 $6.44 $6.00 6.50% $7.46 $6.75 $6.32 You are applying for a $175,000.00 loan at an annual percentage rate of 6.5 % for 30 years . What is the monthl..
Write a 750- to 1,050-word paper addressing the following: Define the following terms associated with the types of loans and equity available to a new business:
Bubba's Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year, overhead is estimated at $1,150,000, and direct labor hours are budgeted at 162,000 hours.
what types of industries have unearned revenue?why is unearned revenue considered a liability?when is the unearned
Prepare the stockholders equity section of Cohen Canoes Inc., balance sheet at May 31. The ending balance of retained earnings is $55,000.
How can management practices speed the collection of receivables? Which management practices tend to slow the collection of receivables?
The acquisition, what amounts in the Equipment account appear on Hooker's separate balance sheet and on the consolidated balancesheet?
Use the indirect method of reporting cash flows from operating activites. Assume that equipment costing $125000 was purchased for cash and equipment costing $85000 with accumulated depreciation of $65000 was sold for $15000; that the stock was iss..
Justings Co. owned 80% of Evana Corp. During 2006, Justings sold to Evana land with a book value of $48,000. The selling price was $70,000. In its accounting records, Justings should:
on february 2 2011 mbh inc acquired 30 of the voting common stock of construction corporation as a long term
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