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2 years ago

Where would a capitation fee be reported on a health care entity’s financial statements?

1 answer:

6 0

The capitation fee would be a part of credit side of the profit and loss account in the health's care entity's financial statements.

Given that health care entity want to record capitation fee in it's financial statements.

We are required to answer to the question that how capitation fee is recorded in a health care'sn financial statements.

Financial statements are basically the written records that convey the business activities and the financial performance of a company. The balance sheet gives an overview of assets, liabilities, and shareholders' equity as a snapshot in time.

When a health care entity receives capitation fee it would be recorded on the credit side of the profit and loss account because the capitation fee is a income of the health care entity.

Profit and loss account is an account that records expenses and incomes of the company.Expenses are recorded on debit side and incomes are recorded on credit side of profit and loss account.

Hence the capitation fee would be a part of credit side of the profit and loss account in the health's care entity's financial statements.

Learn more about profit and loss account at brainly.com/question/26240841

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Why are costs and benefits weighed when determining whether something gets produced

katrin2010 [14]

Answer:

Costs and benefits are weighed to determine if producing the good will be profitable.

Explanation:

Production of goods refers to the process through which raw material and resources are converted to a finished product. In most economies, production of goods are services is necessary to meet the demand for these goods. Companies and firms utilize resources like labor and materials to produce finished products. This is usually a costly activity that needs to be planned and organized for it to be successful. Since most businesses is for profit making, the production process has to be done in such a way that in the end, profits are made. Production processes requires financial strategies to be applied and assessed to ensure that the process is profitable in the long run.

An example of a financial analysis that can be used is the cost benefit analysis. The cost benefit analysis involves determination of all the resources that will be needed as input. The input is then convert into monetary terms, then summed together. The total amount of input in monetary terms is the cost, since that i the total amount needed to process the raw materials to finished goods. The future benefits are also forecasted and converted into monetary terms. The comparison of the costs versus the benefits forms what is collectively termed as the cost and benefits analysis.

When the costs outweigh the benefits, then the good should not be produced. When the costs are equal to the benefits, it means the business will break-even, so there will be no profits, it is advisable not to produce the good. Finally, when the benefits outweigh the costs, it is advisable to produce the good.

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3 years ago

A store puts everything on sale for 20% off. If the sales tax is 8%, what percent of the original marked price is the final cost

iogann1982 [59]

Answer:

86.4%

Explanation:

the original marked price is m

then with a sales discount of 20%

the (pre-sales tax) sale price is 100%−20%=80% of

The post-sales tax price is the pre-sales tax price plus 8%,

that is the post-sales tax price is 108%=1.08 of the pre-sales tax price.

Therefore the final cost (i.e. the post-tax price) is

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3 years ago

The primary goal of ________ is to get the right people interested in working for an organization or in a specific job, then per

-BARSIC- [3]

Recruiting.

Recruiting is the process of attracting, screening, selecting, and retaining top talent for jobs.

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3 years ago

Read 2 more answers

Nathan wants a formula to return "YES" if the value in cell A1 is less than the value in cell B1, and to return "No" otherwise.

notsponge [240]

Answer:

IF function

Explanation:

The options to the question are missing; however, I'll assume the question related to Microsoft Office Excel.

To do the task in the question, Nathan can only make use of the IF function.

This is so, because the question relates to conditional statement.

The full if statement is:.

=IF(A1 < B1, "YES","NO")

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3 years ago

When a data point on a control chart falls above the upper control limit, the process being measured is exhibiting what type of

NeTakaya

The characteristic exhibited by the data point on a control chart that falls above the upper control limit is known as a special cause variation.

<h3>What is a special cause variation?</h3>

In statistics, a special cause variation refers to a shift in output caused by a specific factor like environmental factors, input parameters etc

In conclusion, the characteristic exhibited by the data point on a control chart that falls above the upper control limit is known as a special cause variation

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2 years ago