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
JulijaS [17]
3 years ago
11

How would external reporting of GAAP-based financial statements differ for a nonprofit hospital compared to a for-profit hospita

l?
Business
1 answer:
Alexxx [7]3 years ago
3 0

Answer and Explanation:

The external reporting  of GAAP-based budget summaries for a non-benefit hospital will vary to a profit hospital in the accompanying ways:

  • For profit's hospital money related reports starts heading as "letter" from the entrepreneur or the CEO. The focal point of this letter is on the earlier year tending to any trouble the organization has survived. Though, non-benefit yearly reports report out the association's motivation and measurements about what number of individuals have profited by the examination, projects and administrations.
  • The yearly report of revenue driven associations regularly delineates how well they deal with their cash, to dazzle the potential speculators. Though, non-benefit associations simply center around how they go out dealing with the things will pretty much nothing or less assets close by, and the financing they put into their projects and administrations to help improve the network and offer help for those out of luck.
  • For profit associations wind up revealing their future field-tested strategies, for example, new item or administration propelling, which would make higher income and benefits for the organization in future. Not-for-profit associations, will some way or another state what administrations or projects have been the best and how they plan on building up these to serve more individuals on a bigger scale.

You might be interested in
Before the year​ began, Tardis Manufacturing estimated that manufacturing overhead for the year would be $175,700 and that 25,90
____ [38]
Sss#undeijideddede3dss
5 0
3 years ago
The _____ pool consists of all persons who are actually evaluated for selection.
Butoxors [25]

The answer to this question is Applicant pool. Applicant pool is a list of persons who have applied in a specific job vacancy. In this pool, the human resource manager will select applicants who are qualified to step forward in the application process. The hiring company will then choose candidates who are qualified to be included in the short list.

6 0
3 years ago
Kimbeth Manufacturing uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The foll
larisa86 [58]

Answer:

DM Cost per Equivalent unit: 4.25

Explanation:

22400 beginning  60% materials 20% conversion

140,000 started

33600 ending 90% materials 40% conversion

Beginning Inventory

DM 71,160

DL 26,610

MO 20,110

Conversion Cost  46,720

Cost during the month

DM 618,800

DL 241,330

MO 513,600

Conversion Cost 754,930

Equivalent units Materials

22,400 * .4     8,960

140,000       140,000

33,600 * .1    (3,360)

                  145,600

DM Cost per Equivalent unit: 4.25

7 0
4 years ago
All Rite Manufacturing reported the​ following:
Nikitich [7]
I think the answer is c
3 0
3 years ago
. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 4
ch4aika [34]

Answer:

the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996

if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50

her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.

3 0
3 years ago
Other questions:
  • Indra nooyi, ceo and chairman of pepsico is considered the most powerful woman on fortune’s 50 most powerful women’s list, uses
    10·1 answer
  • Income Statement; Net Loss The following revenue and expense account balances were taken from the ledger of Wholistic Health Ser
    12·1 answer
  • Pare, Inc. purchased 10% of Tot Co.'s 100,000 outstanding shares of common stock on January 2, 1992, for $50,000. On December 31
    8·1 answer
  • The present value of an annuity falls when interest rates rise
    11·1 answer
  • Charter Company, which uses the perpetual inventory method, purchases different letters for resale. Character had a beginning in
    7·1 answer
  • Bill lends Joann​ $1,000 for a year at a nominal interest rate of 6​%. If both Bill and Joann expect the inflation rate to be 3​
    14·1 answer
  • Mouse Inc. received a $2,500 prepayment of rent from one of its tenants and immediately credited the Rent revenue account. By th
    15·1 answer
  • The United States may have a tariff on cotton products from China in order to(A) prevent Chinese manufacturers from losing profi
    12·1 answer
  • 1. What type of normal balance does the Retained Earnings account havelong dashdebit or​ credit? 2. Which type of income stateme
    8·1 answer
  • Which kind of enterprise is usually governed by a board of directors?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!