The correct answer is D. manipulated accounting Procedures.
Chapter 7 bankruptcy is a type of bankruptcy that requires the liquidation of most of the debtor's assets. It is the most common of the bankruptcy were may debts are forgiven and a variety of assets are sold, Chapter 7 bankruptcy is favored by individuals. Under of this bankruptcy, the debtor's assets are sold off to pay the lenders.
The completion of the following Medicare mathematical calculations by putting in the correct amounts is as follows:
a. Medicare payment: $173.60
b. Patient owes Dr. Input: $226.40
c. Dr. Input’s courtesy adjustment: $50
<h3>What is the courtesy adjustment?</h3>
Courtesy adjustment is the write-off of a part of the medical bills to reduce the payment burden on the patients not fully covered by Medicare.
<h3>Data and Calculations:</h3>
Original bill = $450
Unmet deductible = $183
a. Medicare payment: $173.60 ($400 x 43.4%)
b. Patient owes Dr. Input: $226.40 ($400 x 56.6%)
c. Dr. Input’s courtesy adjustment: $50 ($450 - $400)
Learn more about Medicare Payments at brainly.com/question/1960701
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<h3>Question Completion:</h3>
a. Medicare payment:
b. Patient owes Dr. Input:
c. Dr. Input’s courtesy adjustment:
Options :
A)net present value of the $25,000.
B)future value of the $25,000.
C)internal rate of the return on the $25,000.
D)present value of $25,000.
Answer: B)future value of the $25,000.
Explanation: The Smith's calculation and subsequent result which yielded $31,000 refers to the future value of $25,000. The initial $25000 is the present value of the amount held. If the initial amount is saved or deposited over a certain number of years in an account which yields a certain rate of interest per annum and is compounded either on a monthly, yearly, quarterly or semiannual basis as the case may be, in this scenario above, the interest is called mounded annually. This initial amount will grow and yield an amount which is greater than the present deposit. This is called the future value of the initial deposit.
Answer:
D
Explanation:
Liquidation is when the business closes down or dissolves which means the business will not continue any further. Firstly all the assets are sold at their market value which differs from the actual cost or the book value and all the liablities are paid for (or compensated for). After paying all the due balances and receiving all receivables the gain or loss is divided amongst the partners according to their partnership agreement which states the profit/loss sharing ratio. in case of no agreement, the profit/loss is shared equally.
