Priya Rahavy, M.D., is a general practitioner whose offices are located in the Lake Forest Professional Building. In the past, Dr. Rahavy has operated her practice with a nurse, a receptionist/secretary, and a part-time bookkeeper. Dr. Rahavy, like many small-town physicians, has billed her patients and their insurance companies from her own office. The part-time bookkeeper, who works 15 hours per week. is employed exclusively for this purpose.
North Avenue Physician's Service Center has offered to take over all of Dr. Rahavy's billings and collections for an annual fee of $24,000. If Dr. Rahavy accepts this offer, she will no longer need the bookkeeper. The bookkeeper's wages and fringe benefits amount to $20 per hour, and the bookkeeper works 50 weeks per year. With all the billings and collections done elsewhere, Dr. Rahavy will have three additional hours available per week to see patients. She sees an average Of four patients per hour at an average fee of $30 per visit. Dr. Rahavy's practice is expanding, and new patients often have to wait several weeks for an appointment. She has resisted expanding her office hours or working more than 50 weeks per year. Finally, if Dr. Rahavy signs on with the center, she will no longer need to rent a records storage facility for $200 per month.
a. Conduct a relevant cost analysis to determine if it is profitable to outsource the bookkeeping.
Explanation:
Internal Revenue Investigator:
The responsibility of Internal Revenue investigator is that to collect the taxes from people as well from corporation on time so that the Government can deliver service to the people.
Roles:
1. Review financial records of large businesses and corporations.
2. Review tax documents and returns for errors and inaccuracies
Federal Aid Coordinator:
To help the financial needy and to appreciate the merit student, Federal Aid coordinator will evaluate and find the candidates / students accordingly.
Roles:
1. Evaluate students applications for financial aid
2. Review policies and grant funds to students in need
3. Paralegal:
He/ She is the person who is assisting the lawyer in terms researching about the crime that has happened. In simple term we can call that as investigation.
Roles:
1. Gather evidence and prepare for court
2. Conduct research that is pertinent to a criminal case.
false pat and chris each spend half their time on each task then: the outcome will be efficient they will plant more bulbs
<h3>What is
efficient?</h3>
Efficiency is the ability to avoid wasting materials, energy, efforts, money, and time while doing something or producing a desired result. In a broader sense, it is the ability to do things well, successfully, and efficiently.
The work efficiency formula is efficiency = output / input, and the result can be multiplied by 100 to calculate work efficiency as a percentage. This is used in a variety of energy and work measurement methods, such as energy production and machine efficiency.
Business efficiency refers to how much a company or organization can produce given the time, money, and resources available.
To know more about efficient follow the link:
brainly.com/question/26152499
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Answer:
False
Explanation:
As a company's sales level increases, its current assets will increase, e.g. cash, inventories, accounts receivables increase. generally, also the fixed assets increase, specially if the firm was previous producing at full capacity even before total sales increased. But as sales increase, not only do the company's assets increase, its current liabilities generally increase also, and its profits should increase. In this case, 60% of the company's profits are reinvested in the company, and the liabilities represent more than half of the total assets. Therefore, it is possible that the company needs external financing, but it is also possible that it doesn't. You cannot assume that the company will necessarily need external financing, because retained earnings and the increase in current liabilities might be enough to finance the company's growth in sales.
Answer:
Designs by Candice
Her costs include:
Costs of materials, labor, overheads.
Then in charging her customers she would include the profit target of $7,623 (representing 11% of her capital investment).
Explanation:
As a graphic design studio, Design by Candice would buy stationery and design materials, including 3D printers and other software. Candice would also incur labor costs on those doing the design proper. There are also manufacturing overheads, including rent, utilities, etc. and not to forget other indirect costs like selling and marketing and administrative expenses.
