Answer:
A. includes a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day
Answer:
$2,700
Explanation:
The computation of the unearned service revenue balance reported on the February 28 balance sheet is shown below:
= Total cash received - expired service revenue
= $3,600 - $900
= $2,700
The expired service revenue is
= Received amount ÷ number of months
= $3,600 ÷ 4 months
= $900
It is come by deducting the expired service revenue from the total cash received so that the balance could come
Answer:
Policies consistent with the goal of increasing productivity and growth in developing countries are:
1. Protecting property rights and enforcing contracts
2. Providing tax breaks and patents for firms that pursue research and development in health and sciences
Explanation:
To increase productivity and growth in developing countries, it is important that developing countries enhance the mechanisms for protecting property rights and enforcing contracts. These are the bases for attracting more foreign direct investments. The court system should be a system where justice is obtained and a system which can enforce the rights of individuals to own property. Without this basic ingredient, foreign direct investments will be hard to attract.
Since Margo purchase her optimal consumption bundle, the
marginal utility per dollar consumed on dance lessons must be equivalent to the
marginal utility per dollar paid on dance shoes. The marginal utility per
dollar spent on dance lessons is 100 utils per lesson, where $50 per lesson is equivalent
to 2 utils per dollar. The marginal utility per dollar expended on dance shoes
therefore has to equal 2 utils per dollar. Since the marginal utility of a pair
of dance shoes cost 300 utils per pair, the value of a pair of shoes should be
$150 per pair, so that 300 utils per pair/$150 per pair is equal to: 2 utils
per dollar.
Answer:
73,000 units
Explanation:
The computation of equivalent units for conversion costs is shown below:-
Equivalent units = Units transferred ÷ Finished goods + (Units in closing Work in progress × Percentage of completion)
= (8,000 + 69,000 - 5,000) + (5,000 × 20%)
= 72,000 + 1,000
= 73,000 units
Therefore for computing the Equivalent units we simply applied the above formula.
