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
You have been running a landscaping business called Trim Grass for about two years. You have developed a special blend of grass
Verdich [7]

Answer:

2222

Explanation:

8 0
3 years ago
If you invest P dollars and you want the investment to grow to A dollars in t years, the interest rate that must be earned if in
hoa [83]

Answer: 18.92%

Explanation:

The formula to find the compound amount :-

A=P(1+r)^t, where P is the Principal amount, r is the rate of interest and t is the time period.

Given : P= $1500

A = $6000

Time = 8 years

Then 6000=1500(1+r)^8

i.e. (1+r)^8=\dfrac{6000}{1500}=4

i

Taking natural log on both sides , we get

\Rightarrow\ 8\ln(1+r)=\ln(4)\\\\\Rightarrow\ \log(1+r)=\dfrac{\log4}{8}=\dfrac{1.38629436112}{8}=0.17328679514\\\\\Rightrarrow\ 1+r=e^{0.17328679514}\\\\\Rightarrow\ 1+r=1.189207115\\\\\Rightarrow\ r=1.189207115-1=0.189207115\\\\\Rightarrow\ r\approx0.1892\approx18.92\%

3 0
3 years ago
According to lawrence and lorsch, the stability of an organization's environment determine(s) the degree of ____.
Paul [167]
<span>According to Lawrence and Lorsch, the stability of an organization's environment determine(s) the degree of differentiation or integration that is necessary. 

Lawrence and Lorsch developed the contingency theory which involves organizations and changes in the environment. They watch how organizations change and perform based on what is changing around them and then how they adapt to the change. 
For them, differentiation is defined as organization systems breaking into smaller subsystems. Integration is defined as how well the subsystems work together to complete the overall task of the organization. 
</span><span />
8 0
3 years ago
Nicole has a contract to buy 14 cases of hammers from Tyler. Tyler breaches the contract. Even though she can get similar hammer
mario62 [17]

Answer:

B) No, because she can get similar hammers elsewhere.

Explanation:

When someone sues for specific performance he/she is asking the court to order the defendant to complete performance the contract. They are not suing to recover any damages that may have resulted from the breaching of the contract.

In this case, Nicole would have probably been able to sue Tyler for some type of compensatory damages, but since the hammers are such a common good, it would be very difficult for her to obtain an specific performance order.

4 0
2 years ago
Who is most likely to benefit when the Canadian dollar depreciates against the euro? A. Foreign sellers to Canadian buyers B. Ca
mariarad [96]

Answer:

A

Explanation:

When the Canadian dollar depreciates against the euro, the value of the Canadian dollar falls relative to the Euro.

For example, the exchange rate before the depreciation is 40 Canadian dollar / Euro. After the depreciation, it is 80 Canadian dollars / Euro.

Goods become more expensive for Canadian buyers of foreign goods. For example, a foreign good costs 160 Euros. Before the depreciation the good would cost (160 x 40) = 6400 Canadian dollars. After the depreciation, it would cost, 12,800 Canadian dollars.

Canadian sellers to foreign buyers don't benefit from the depreciation. Assume a local good costs 40 Canadian dollars. foreigners would pay 1 Euro for the good before depreciation. After depreciation, foreigners would pay 0.5 Euros for the good

6 0
3 years ago
Other questions:
  • Would you be interested in subscribing to 100 mbps ftth for a monthly price of $75? why or why not?
    12·1 answer
  • When a company collects the face value of a​ long-term investment in bonds at​ maturity, ________.
    8·1 answer
  • Laura is a billing clerk in a​ medium-sized manufacturing company. she reports to the supervisor of accounts​ payable, who in tu
    8·1 answer
  • "A couple wants to invest for the college education of their 2 children, currently ages 1 and 3. They estimate they will need to
    8·1 answer
  • Help thanks yo *************************
    14·2 answers
  • Congress would like to increase tax revenues by 17 percent. assume that the average taxpayer in the united states earns $52,000
    5·1 answer
  • A company that evaluates its long-haul truck drivers based on miles driven over the past 12 months is using subjective appraisal
    8·1 answer
  • A company produces a single product. Variable production costs are $13.10 per unit and variable selling and administrative expen
    9·1 answer
  • In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest. What was the principal amount of the bond if th
    7·1 answer
  • When an employer hires an employee to enter into contracts on behalf of the employer, a ______ relationship typically exists.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!