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3 years ago

Which of the following individuals and groups are considered intermediaries in the healthcare industry?

Business

1 answer:

Marina CMI [18]3 years ago

6 0

Answer:

C. health maintenance organizations

Explanation:

Healthcare intermediaries organizations that form links between small-scale providers to interact with governments, patients and vendors. These organizations can perform key health systems functions which are typically more challenging for individual private providers to do on their own. An individual pays the health maintenance organisation in advance for medical care that he may require in the future and the organisation provides medical care to the individual when the need arises. These organisations are able to provide this care by paying doctors affiliated to them, and other healthcare providers who deliver care to the patients

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A handful of companies on the Fortune 500 list are more than 100 years old, which is rare. What organizational characteristics d

ohaa [14]

Answer:

Following are the organizational characteristics that explain the 100-year longevity of a company:

Explanation:

Selling Necessity Goods

Many of companies provide such goods and services which are essential for our everyday activities. Hence, people tend to buy from these companies as it is their routine to do so.

Laser-Sharp Customer Focus

These companies have always focused on the ever changing needs and demands of the customers and have worked accordingly. Hence their focus on customer service is the key to their success.

Willingness to Chart New Territory

Since customer needs are always evolving, all organizations celebrating centennials have taken significant gambles in order to expand their offerings. Steelcase, for instance, began as a furniture company but has recognized that the way people work has changed.

Ongoing Community Relationships

Long-lasting organizations also make their mark by giving back to the communities in which they’ve thrived. The GSUSA estimates that its members complete more than 75 million hours of community service annually.

These organizations have achieved so much because they have adapted their strategies to a changing world, and because they are always looking for ways to improve people’s lives. It is these traits that position them well no matter what the future holds.

8 0

3 years ago

Exercise 10-2 Straight-Line: Amortization of bond discount LO P2 Tano issues bonds with a par value of $180,000 on January 1, 20

Nitella [24]

Answer:

bonds' face value $180,000

coupon rate 8%, semiannual = 4%

maturity 3 years x 2 = 6 periods

market interest rate = 10% or 5% semiannual

the journal entry to record the issuance of the bonds:

January 1, 2017, bonds issued at a discount

Dr Cash 170,862

Dr Discount on bonds payable 9,138

Cr Bonds payable 180,000

the amortization of the bond discount should be $9,138 / 6 = $1,523 on every coupon payment.

Journal entry to record payment of first coupon:

June 30, 2017, first coupon payment

Dr Interest expense 8,723

Cr Cash 7,200

Cr Discount on bonds payable 1,523

6 0

4 years ago

Apply your understanding of the previous key terms by completing the following scenario with the appropriate terminology.

Vikki [24]

Answer:

Appropriate Terminology

a. If Kevin's boss is interested in a graphical presentation of the relationship between the price and quantity of televisions supplied, you would advise your coworker to construct -------- using the data provided.

bar chart or histogram

b. However, if Kevin's boss is more interested in the detailed numbers used to construct this visual representation, you would instead advise your coworker that a -------- would be more appropriate.

table

Explanation:

A bar chart or graph represents categorical data with rectangular bars. It can be used to visualize data distributions, compare data groups, and to track periodic changes in data. Tables are versatile organization tools that can communicate information with or without the use of other graphical tools.

4 0

3 years ago

Item 6 In Year 1, Lee Inc. billed its customers $57,600 for services performed. The company collected $41,200 of the amount bill

katrin [286]

Answer: $57,600

Explanation:

Accounting works by the Accrual basis. What this means is that transactions are recorded in the period they occur not in the period they are paid for.

In the above, Lee Inc. billed its customers $57,600 for services performed during the year. This is a service company and since their revenue comes from billings, this is their revenue for the year.

It does not matter that some of the services have not been paid for, it matters that the services were performed during the year.

5 0

3 years ago

Transactions Units Amount

mario62 [17]

Answer:

a) Cost of Goods Sold under each method of inventory:

1) Average Cost:

Beginning Inventory 600 units $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units 1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units $1,927.20

Cost of goods sold, 920 units $4,032.80

a2) FIFO:

Beginning Inventory 600 units $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units 1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units $2,560

Cost of goods sold, 920 units $3,400

a3) LIFO

Beginning Inventory 600 units $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units 1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units $1,320

Cost of goods sold, 920 units $4,640

a4) Specific Identification:

Beginning Inventory 600 units $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units 1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units $2,280

Cost of goods sold, 920 units $3,680

B. Partial Income Statement under:

Average cost FIFO LIFO Specific Identification

Beginning Inventory $1,800 $1,800 $1,800 $1,800

Purchases 4,160 4,160 4,160 4,160

Cost of goods for sale $5,960 $5,960 $5,960 $5,960

Less ending Inventory 1,927.20 2,560 1,320 2,280

Cost of goods sold $4,032.80 $3,400 $4,640 $3,680

Explanation:

a) The average cost per unit under Average Method =

Average cost per unit =$4.38 (5,960/1,360)

Ending Inventory, 440 x $4.38 = $1,927.20

b) Ending Inventory under FIFO: 440 units

Cost of 180 units = $1,260

Cost of 260 units = 1,300 (260 x $5)

Total cost = $2,560

c) Ending Inventory under LIFO: 440 units

Cost of 440 units from beginning inventory = 440 x $3 = $1,320

d) Ending Inventory under Specific Identification: 440 units

Remaining opening inventory 140 units at $3 = $420

Remaining Jan 12, 120 units at $5 = $600

Remaining Jan 26, 180 units at $7 = $1,260

Total cost of ending inventory = $2,280

e) These are various inventory costing methods which present different results in their cost of goods sold and the ending inventory.

6 0

3 years ago