If the closing costs were 5% of the loan amount, how much was the loan amount?

A hospital arranges with a third-party payer to charge the third party 85 percent of its established billing rates. During Janua

Airida [17]

The journal entries to record the January billings of the hospital are as follows:

Debit Accounts Receivable $1,700,000

Debit Finance Charge $300,000

Credit Service Revenue $2,000,000

To record the services provided.

Data Analysis:

Accounts Receivable $1,700,000 ($2,000,000 x 85%) Finance Charge $300,000 Service Revenue $2,000,000

Thus, the hospital will split the billing for January into two: the <em>amount it will receive</em> and the finance charge for using the third-party payer.

Learn more: brainly.com/question/25364507

7 0

3 years ago

Zelenka Clinic uses client-visits as its measure of activity. During June, the clinic budgeted for 2,700 client-visits, but its

MatroZZZ [7]

Answer:

The administrative expenses in the planning budget for June would be closest to:

d. $5,670 ⇒ $5,400 + (2,700 x $0.10) = $5,400 + $270 = $5,670

The net operating income in the planning budget for June would be closest to:

c. $16,220 ⇒ ($47.80 x 2,700) - [$50,200 + (2,700 x $23.20)] = $129,060 - ($50,200 + $62,640) = $129,060 - $112,840 = $16,220

The medical supplies in the flexible budget for June would be closest to:

d. $18,440 ⇒ $1,700 x (2,700 x $6.20) = $1,700 + $16,740 = $18,440

5 0

3 years ago

HELP ASAP!!! One suggested certification for this field is Family and Community Services Competency Assessment and

lions [1.4K]

True Often, a career in Family and Community Services may be entered and followed with only certification.
f. What is considered a license, but is not necessarily a degree?
certification

4 0

3 years ago

Sigmund wrote four checks last month, and these were the only transactions for his checking account . Accourding to his register

GREYUIT [131]

The answer is $177.48

7 0

3 years ago

Read 2 more answers

Fern wants to work with a group of experts to find the best solution for a quality assurance problem with her company's new prod

horsena [70]

Answer:

Delphi method

Explanation:

Delphi method is defined as a structured communication technique. Initially it was developed as a interactive forecasting method which uses a panel of experts.

This method can also be used for face to face meetings.

Questionnaires are sent to panel of experts, anonymous responses are aggregated and presented to the group after each round. Questionnaires bare often sent through mail.

In this scenario where Fern wants to work with a group of experts to find the best solution for a quality assurance problem with her company's new product, the best option will be to use the Delphi method.

5 0

4 years ago