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Questions -
Q1. Winslow Primary Healthcare agrees to be compensated under capitation. They agree to take 1,000 client office visits per year at $200 per visit. Winslow's fixed cost is $50,000, and its variable cost per office visit is $150. How much profit would Winslow earn if 1,100 clients visit during the year?
Q2. Bainbridge hospital has one non-revenue department (Administration) and two revenue generating departments (Cardiology and Out Patient). The direct costs for each department are as follows: Administration costs are $100,000, Cardiology costs are $150,000, and Outpatient costs are $250,000. Administration costs are allocated 75% to Cardiology and 25% to Outpatient. Use the step-down allocation method to allocate the non-revenue department costs to the two revenue departments. What are the total allocated costs for Outpatient?
Q3. The Citizen Hines HMO uses primary care provider (PCP) contracts that set the PCP capitation rate at $15 per member per month (PMPM). Citizen Hines also contributes $45 PMPM to an institutional inpatient services risk pool and $30 PMPM to a specialist services risk pool. In addition, the contract includes a provision requiring a 20% withhold. If PCP Physician B has an expected $50,000 in annual compensation from Citizen Hines, what is the amount of Physician B's withhold?
Calculate the amount of the Allowance for Doubtful Accounts that should appear on the December 31, 202X, balance sheet
In 2019, Abby had the following capital gains and losses from the sale of her investments: $1,000 long-term capital gain, What is the amount and nature
What Bad debt expense for 2022 would be? On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible.
Risk/Return Relationship and Cost of Capital,What is "diversification" as it relates to the business environment? How is it useful in the financial environment?
The Chambers Manufacturing Company recorded overhead costs of $16,468 at an activity level of 5,100 machine hours and $10,017 at 2,400 machine hours. The records also indicated that overhead of $10,078 was incurred at 3,050 machine hours. What is the..
What is cost of goods sold when the perpetual inventory system is used as the recording method and no inventory loss nor inventory valuation loss is recognized
Takoradi Tools had total assets of $20,900 at the end of 2016, $21,800 at the end of 2017, What was the growth rate of total assets
What is the fixed overhead volume variance? H Inc., applies overhead based on direct labour hours. Planned production for the period was set at 8610 units.
What is Price Multiples? Why is better to use the DCF and Economic Profit approaches than the Comparable approach to value a firm.
The Bellwood Company is financed entirely. According to MM Proposition I with taxes, what would be the increase in the value of the company after the loan?
Journalize the entries to record the January 22, February 14, and August 30 transactions. Refer to the Chart of Accounts for exact wording of account titles.
PC Company has a daily payroll of $1,500, five days a week. The employees are paid every Friday for that week's wages. PC Company prepares financial statements for the period ending Wednesday July 31, and the employees were paid $7,500 on Friday Augu..
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