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Leno4ka [110]
2 years ago
6

A private not-for-profit entity estimated its Allowance for Contractual Adjustment. During the next year, the hospital found tha

t the actual total of contractual adjustments applied to receivables on hand at the end of the previous year was $4,000 higher than the estimate. How should the difference be reported
Business
1 answer:
cupoosta [38]2 years ago
8 0

A private not-for-profit entity estimated its Allowance for Contractual Adjustment. During the next year, the hospital found that the actual total of contractual adjustments applied to receivables on hand at the end of the previous year was $4,000 higher than the estimate. How should the difference be reported

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Answer: 0.9579

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Describe how each of the following transactions affects the U.S. Current Account (increase or decrease in the Trade Balance, Net
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Answer:

The answer to this solution is explained in the explanation section below

Explanation:

Solution

Given that:

  • The Current Account  will decrease or reduce by 120000, net foreign assets decrease.
  • Nothing  changes, he stocks were earlier with an American company too.
  • The Current account increases,  there will be no change in net foreign assets (since the check was drawn on a US bank, it means the Spanish person had already had the money in US only).
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  • The Current account decreases by 3500, foreign assets decrease by the same amount.
  • The Current account increases, there is no change in assets since the money was already transferred.

Note: kindly find the complete question to this solution attached below

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4 years ago
Edie's Health Supply has 125,000 shares of stock outstanding with a par value of $1 per share and a market value of $5 a share.
Umnica [9.8K]

The Par value per share after the split will be 2,500 shares.

<h3><u>What is a Share?</u></h3>
  • Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.
  • A stock with no dividend payments does not distribute its income to its shareholders. Instead, they look forward to further stock price growth as business profits rise.
  • Shares are an organization's equity capital, and there are two primary kinds of shares: common shares and preferred shares.
  • As a result, the terms "shares" and "stock" are frequently used synonymously. Owners of a corporation have the option of issuing preferred shares or common stock to investors.

A single common share's par value is determined by the charter of a corporation. It usually has nothing to do with the shares' actual worth. Actually, it's frequently lower. The par value is stated on each stock certificate that is issued for shares that are bought.

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2 years ago
your organization entered into an interoperability agreement (ia) with another organization a year ago. as a part of this agreem
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The term "Interoperability Agreement" refers to a contract between MDTA and one or more other toll account providers that outlines the protocols and arrangements

under which the parties agree to pay each other for all toll transactions that comply with the agreement's requirements for transmission, debiting, and payment and that must be included in the current payment cycle. Both the IAG and regional interoperability agreements are part of these accords.The Metropolitan Clearing Corporation of India Ltd. (MCCIL), Metropolitan Stock Exchange of India Limited (MSE), NSE Clearing Limited (NCL), National Stock Exchange of India Limited (NSE), Indian Clearing Corporation Limited (ICCL),

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8 0
1 year ago
The following information pertains to Abel Corporation's pension plan. PBO: 1/1/17: $6,000,000; 12/31/17: $6,600,000. The discou
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Answer:

$360,000.

Explanation:

Given:

PBO 1/1/17 = $6,000,000

PBO 12/21/17 = $6,600,000

Discount rate = 6% = 6 / 100 = 0.06

Expected rate of return = 8% = 8 / 100 = 0.08

Interest cost component of pension expense = ?

Computation of Interest cost component of pension expense:

Interest will be payable on opening balance:

= PBO 1/1/17 x Discount rate

= $6,000,000 x 0.06

= $360,000.

8 0
3 years ago
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