1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
scZoUnD [109]
3 years ago
6

Assume Mercy Hospital underestimated the provision for bad debts and contractual adjustments reported on its December 31, 2015 i

ncome statement. This was caused by a new accountant calculating the accounts receivable balance at the end of the year. What would be the most likely effect on the actual cash flow stemming from the reported net patient service revenue in the following year?
Business
1 answer:
attashe74 [19]3 years ago
5 0

Answer:

If the hospital underestimated its bad debt, that means that they are overestimating their profits. The cash flow is determined using the income statement, so it will also be overestimated. But at some point reality will catch up and the actual cash flow will be less than expected, since bad debts reduce actual revenue.

You might be interested in
Currently, the yield curve is ascending. A customer believes that the Federal Reserve will start to tighten credit by raising sh
sleet_krkn [62]

Answer:

Short-selling long-term bonds and taking long position on short-term assets

Explanation:

When the yield curve ascends, the long-term bond's price will go down. Hence, do short-sell the long-term bonds. On the other hand, short-term asset's price will be depreciated because Fed tightens credit and raise short-term rate, which is the chance to purchase and make profits from capital gains.

3 0
4 years ago
One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card u
Sergeeva-Olga [200]

The level of each variable measured is (1)  the type of credit card is Nominal variable or a categorical variable which comes under multiple categories.(2) the amount (in dollars) of each purchase is ration variable it can have both discrete it starts at a fixed zero point.

Explanation:

  • There are four levels of measurement, while analyzing data of columns.
  • Nominal,Ordinal, Interval and ratio.
  • Nominal each row of that particular column has specific identification.
  • Nominal can have classification race,gender,ethnicity.
  • Ordinal data is based on the ranking system, order or list.
  • Numbers are still used arbitrary.
  • Interval distance between the numbers Celsius,Fahrenheit and kelvin.
  • Ratio data has an absolute zero point non-arbitrary, It is measuring .
  • Blood pressure is a common example of ratio data.
3 0
3 years ago
What did u learn about entrepreneurial activities​
natta225 [31]
Entrepreneurship is a quality that is very attractive to colleges. Admissions committees like to see that you can think outside the box, be creative, and make opportunities for yourself. It’s a skill that’s particularly relevant right now: Many products and services you use came from startups or from companies that began that way.
3 0
3 years ago
"Scarcity, opportunity cost, and marginal analysis Neha is training for a triathlon, a timed race that combines swimming, biking
Lynna [10]

Answer: Option (3) is correct.

Explanation:

Correct option: All choices have opportunity costs.

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

In our case, Neha is training for a triathlon, there are three activities involved in a triathlon and training hours are limited. If Neha wants to spend a hour on swimming then she have to sacrifice training for biking and running for during that time.

Therefore, every choice has an opportunity cost associated with it.

6 0
3 years ago
Title to a certain real property is being held in a trust as collateral for a loan. What kind of deed will the trustee use to co
Shkiper50 [21]

Answer: Reconveyance deed

Explanation: A Reconveyance deed is used to indicate that a borrower has paid his loan or debt in full. A Reconveyance deed is issued by the trustee or lender to signal the transfer of title to the original owner after he or she must have satisfied the term of loan issued by the trustee. A Reconveyance deed is usually notarized containing a legal description of the property and its parcel number.

4 0
3 years ago
Other questions:
  • which of the following calling or caught-between Hazard poses the greatest risk when working in excavations and trenches
    13·1 answer
  • The Finishing Department of Parker and King​, ​Inc., the last department in the manufacturing​ process, incurred production cost
    5·1 answer
  • What methods may an economist use to test a hypothesis? A. Wait for real-world events to confirm or refute the hypothesis. B. Co
    5·1 answer
  • Lomani Ltd acquired two new machines for cash on 1 January 2017. The cost of machine A was $400 000, plus GST, and of machine B,
    13·1 answer
  • A jet ski depreciates at 11% of its original value each year. If the jet ski was $8000 at its time of purchase, what is the valu
    5·1 answer
  • Low Fly Airline is expected to pay a dividend of $7 in the coming year. Dividends are expected to grow at the rate of 15% per ye
    11·1 answer
  • According to Interland (2009), the art of economics consists in looking not merely at the immediate but at the longer effects of
    13·1 answer
  • Suppose Robina Bank receives a deposit of $53,589 and the reserve requirement is 3%. Answer the questions using this information
    15·1 answer
  • After several United Airlines flights were canceled because of bad weather, reservation clerks had to scramble to get passengers
    14·1 answer
  • In order to help their employees move from one job to another, and in order to meet the challenges of a global economy, corporat
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!