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3 years ago

"a business that is part of the health care industry should expect regulations to come into play that"

Business

1 answer:

Tanzania [10]3 years ago

5 0

Answer:

The health care industry is heavily regulated by federal and state legislation. Regulation plays a major role in the health care industry and health care insurance coverage. The various regulatory bodies protect the public from a number of health risks and provide numerous programs for public health and welfare.

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A fixed asset with a cost of $30,000 and accumulated depreciation of $28,500 is sold for $3,500. What is the amount of the gain

gladu [14]

Answer:you dont need to know

Explanation:

7 0

3 years ago

Suppose the civilian non-institutionalized working age population is 35.9 million in Laborland.

DanielleElmas [232]

Answer: a. 24.05 million

b. 66.99%

c. 4.62 million

d. 19.21%

Explanation:

a. Total Labor force is the sum total of people who are employed and those who are actively looking for work. The Bureau of Labor Statistics defines actively looking for work as looking for work int he past 4 weeks.

= Part-time workers + full time workers + those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks

= 4.9 million + 14.53 million + 2.90 million + 1.72 million

= 24.05 million

b. labor force participation rate is the percentage of a country's non-institutionalized working age population that are actively looking for work. Its formula = $\frac{total labor force}{non-institutionalized working age population}$ X 100

Laborland's labor force participation rate (%) = $\frac{24.05 million }{35.9 million }$ X 100

= 66.99%

c. Unemployed People by the standards of the Bureau of Labor Statistics are the people who have looked for work in the past 4 weeks and are still employed. That is those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks.

= 2.90 million + 1.72 million

= 4.62 million

d. Unemployment rate is the percentage of the labor force that are actively looking for work and are still out of work.

Unemployment rate = $\frac{unemployed}{labor force}$ x 100

= $\frac{4.62 million}{ 24.05 million}$ x 100

=19.21%

8 0

3 years ago

Other things equal, and assuming efficient markets, if a Honda Accord costs $24,682 in the U.S., then at an exchange rate of $1.

faust18 [17]

Answer:

Option (D) is correct.

Explanation:

Cost of Honda accord in the United States = $24,682

The exchange rate between the Great Britain and United states is as follows:

1 pound sterling = $1.57

Hence,

The cost of Honda accord in Great Britain:

= Cost of Honda accord in the United States ÷ Value of the 1 sterling pound in terms of U.S dollar

= $24,682 ÷ $1.57

= 15,721 pound sterling

4 0

3 years ago

Windsor Company sells one product. Presented below is information for January for Windsor Company.

kari74 [83]

Answer:

a. See part a of the attached excel file for the journal entries under a periodic system.

b. Gross Profit = $1,050

c. See part b of the attached excel file for the journal entries under a periodic system.

d. Gross Profit = $973

Explanation:

a. Assume Bramble uses a periodic system. Prepare all necessary journal entries, including the end-of-month closing entry to record cost of goods sold. A physical count indicates that the ending inventory for January is 110 units.

Note: See part a of the attached excel file for the journal entries under a periodic system.

A periodic system is a method of inventory under which cost of goods sold is calculated at the end of a specific time period such week, month, quarter, or year. In this question, the specific time period is month.

Units in ending inventory = Beg Inventory units + Units purchased - Units sold = 108 + (150 + 168) - (87 + 123 + 106) = 110 units

When FIFO method is used with a periodic system, goods purchased first are sold first.

Therefore, ending inventory in this case will be 106 units purchased last on Jan 20 at $6 per unit and 4 units from the purchase of Jan 20 at $7 each.

b. Compute gross profit using the periodic system.

Gross Profit = Sales revenue - Cost of goods sold = Sum of all sales during the month - Cost of goods sold at the end of the month

From the journal entries in the part a of the attached excel file, we have:

Gross Profit = ($696 + 1,107 + $1,166) - $1,464 = $2,969 - $1,464 = $1,050

c. Assume Bramble uses a perpetual system. Prepare all necessary journal entries.

Note: See part b of the attached excel file for the journal entries under a periodic system.

A perpetual system is a method of inventory under which cost of goods sold for each sales is calculated separately.

d. Compute gross profit using the perpetual system.

Gross Profit = Sales revenue - Cost of goods sold = Sum of all sales during the month - Sum of all cost of goods sold during the month

From the journal entries in the part b of the attached excel file, we have:

Gross Profit =

Gross Profit = ($696 + $1,107 + $1,166) - ($435 + $819 + $742)= $2,969 - $1,996 = $973

Download xlsx

5 0

2 years ago

Which of the following analytical techniques is designed to output the best decision?

navik [9.2K]

Answer:

Prescriptive analytics

Explanation:

Prescriptive Analytics refers to the data analytics field that specializes on determining the best approach in a situation, based on the data accessible. It is linked towards both descriptive analytics as well as predictive analytics yet highlights valuable insights rather than data analysis.

Prescriptive analytics collects information with its systems from either a range of descriptive or predictive databases and relates it to the choice-making process. It involves mixing existing conditions with alternative actions to evaluate how well the outcome would be influenced by each.

It can also assess the effects of judgment, based on various potential future situations. The discipline draws inspiration from applied mathematics, using a number of statistical techniques to construct and re-create potential judgment trends that could have different effects on an entity.

6 0

3 years ago