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antoniya [11.8K]
3 years ago
14

Describe the obama administration's strategy for holding the may 2009 health care reform meeting with the president and all inte

rested parties. what was the administration trying to accomplish, and what was it trying to avoid, based on lessons learned in the past?
Business
1 answer:
anzhelika [568]3 years ago
3 0
<span>The Obama administration's line of thinking was likely to afford transparency with regard to healthcare. It is likely that the meeting among representatives from hospitals, the insurance industry, medical device and pharmaceutical companies, labor and physicians at the White House was to discuss major steps being taken to lower health care costs across the board.</span>
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Customer value creation is made possible by __________, the practice of building ties to customers based on a salesperson's atte
Vinil7 [7]
Relationship selling, or the concept of Relations Marketing.
4 0
3 years ago
Company uses the direct​ write-off method to account for uncollectible receivables. On April ​18, Wears wrote off a $ 6 comma 10
vlabodo [156]

Answer:

On April ​18, Wears wrote off a $ 6 comma 100 account receivable from customer W. Jalan

Debit Bad debt expense $6,100

Credit Accounts receivable  $6,100

Being entries to write off debts due from W. Jalan

On May ​24, Wears unexpectedly received full payment from Jalan on the previously written off account

Debit Cash account $6,100

Credit Bad debt expense $6,100

Being entries to record cash collected for debt previously written off

Explanation:

Ordinarily, When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

However, these entries are posted directly between the bad debt expense account and the accounts receivable if the company uses the  direct write off method.

7 0
3 years ago
Liabilities are items you own that have value.<br> true<br> false
Mnenie [13.5K]
False, a liability is something you are responsible for, example: you are liable to clean your room.
6 0
2 years ago
Read 2 more answers
Truth in Lending Disclosure is ______.
serious [3.7K]

C.I consumer right that protects individuals from extremely high interest rates

5 0
3 years ago
On June 30, 2021, Georgia-Atlantic, Inc. leased a warehouse equipment from IC Leasing Corporation. The lease agreement calls for
Mars2501 [29]

Answer:

1. $3,799,988

2. $3,419,989

Explanation:

1. Semiannual lease payment = $468,683

Total semiannual payments = 5*2 = 10

Incremental borrowing rate = 10%, 5% semiannual

Present value of minimum lease payments used to record right to use assets = Semi Annual lease payments * Cumulative PV Factor of annuity due for 10 periods at 5%

= $468,683 * 8.1078 = $3,799,988.0274 ≈ $3,799,988

2. Semiannual payment on 30.06.2021 = $468,683

Pretax amount of liability on 30.06.2021 = ($ 3,799,988.0274 - $468,683) = $3,331,305.0274

Interest expense for 31.12.2021 = $3,331,305.0274 * 5% = $166,565.25137

Semiannual lease payment on 31.12.2021 = $468,683

Pre tax amount for liability December 31, 2021 = $3,331,305.0274 + $166,565.25137 - $468,683 = $3,029,187.2788

Depreciation on right to use assets for 2021 = ($3,799,988.0274 ÷ 5) * (5/10)= $379,998.80274

Pre tax amount of right to use asset to be reported for 2021 = $3,799,988.0274 - $379,998.80274 = $3,419,989.2247 ≈ $3,419,989

5 0
3 years ago
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