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3 years ago

Which of the following are advantages of working for a for-profit healthcare facility? Check all of the boxes that apply.

Business

1 answer:

Marrrta [24]3 years ago

8 0

Answer: potentially higher income

newer equipment and facilities

Explanation:

First and foremost, we should note that a feature of a for-profit healthcare facility is that it is owned by the individual and not the government. Private citizens set up hospitals in order to generate profit.

The advantages of working for a for-profit healthcare facility are potentially higher income. This is due to the fact that it's for profit motive, hence, there's possibility of getting a higher income unlike working for the government. Also, newer equipment and facilities can be gotten as well.

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Mekhanik [1.2K]

Answer:

Will increase to $460,000

Explanation:

Palmer Inc. currently produces 110,000 units at the rate of $440,000

Next year they are expected to produce 115,000 units

Since the cost is variable, the total cost can be calculated as

(440,000/110,000) × 115,000

= 4×115,000

= $460,000

Hence the total cost is $460,000

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3 years ago

What is the endowment effect? A. Wealthier individuals place greater value on a particualr good relative to poorer individuals.

mr Goodwill [35]

Answer:

The correct answer is letter "C": People place a higher value on a good if they own it than they do if they are considering buying it.

Explanation:

The Endowment Effect reflects a situation in which people value an object more because they own it. The value they would give the object if they did not have it and were going to purchase it would be lower. This scenario takes place when people give a higher value to their objects because of emotional attachment.

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3 years ago

A piece of property bought by XYZ Corporation a few years ago was sold for $5 M. The cost basis for this property was $2.75 M. T

Tanzania [10]

Answer:

True

Explanation:

Data given in the question

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= ($5,000,000 - $2,750,000) × 15%

= $337,500

We assume the capital gain tax rate is 15%

Hence, the given statement is true

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3 years ago

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Answer:

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3 years ago

Read 2 more answers

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Mariulka [41]

Answer:

$600

Explanation:

If instead of itemizing, Mary had elected the standard deduction last year, then she wouldn't have to include any state income tax refund on her current gross income. But since she itemized her deductions and actually deducted these $600 from her gross income last year, she must include them in he current gross income.

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2 years ago