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dlinn [17]
3 years ago
12

The Smith family lives in Scranton, PA. Mr. Smith work in a factory producing widgets that are used and bought by automobile man

ufacturing. His factory job pays and annual salary of $35,000 per year, with overtime when available, he makes up to an additional $8,000. The mother is a stay at home mother raising five children, ages of 6 months, 2 years, 3 years, 4 years, and 6 years of age.Mr. Smith was recently laid off. Because of the severance that was paid totaling $20,000 and the salary already received throughout the year, the Smith's currently do not qualify for Medical Assistance. The children have been able to receive the CHIP program.
The ABC cancer foundation has been engaging in a mass breast cancer awareness campaign indicating the need for women to get checks, risks, and benefits. As part of the project, the ABC cancer foundation has been offering free breast cancer (mammograms) for women with limited or no insurance. Mrs. Smith decides to participate in the program. As a result of the exam, a tumor is found. Labs were taken and the tumor came back malignant. XYZ Hospital is a non-profit hospital in the region. It is only hospital in the region.

closest hospital to XYZ is 50 miles away. Over the past five years, XYZ hospital has been experiencing significant declines in cash flow, layoffs, and operating deficiencies.

Days cash on hand is at 5 days. The industry average is 85 days cash on hand. The hospital is in jeopardy of going bankrupt.The Smith family presented in the emergency room with the lab results indicating a malignant tumor. XYZ hospital staff knows that if a surgical procedure was scheduled, additional staff, medical supplies, and resources would be needed.

Required:
a. What does the hospital administration do? In your reflection, place yourself in both the family role and also as the CFO. (Reference the Ignatian and Jesuit articles in the resource section as well as you own values and perspective on hospital survival).
b. What implications to the community, the family, the hospital, etc.?
Business
1 answer:
allochka39001 [22]3 years ago
8 0
I’m not going to text him but I told my mom friend and I saw that her and she said she saw her coming home to get
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The scanner data collected by Frito-Lay is a form of ________ data.
trapecia [35]

The answer is: Internal secondary data

Internal secondary data refers to the type of data that is acquired and stored inside the organization simply by doing its normal operation without having to pay any additional cost for the data.

When fritto lay obtain its data from scanners (that usually occurs for every purchase) , the data would automatically be stored in its database without interference from any third party.

6 0
3 years ago
Valley Technology Balance Sheet As of March 11, 2020 (amounts in thousands) Cash 9,700 Accounts Payable 1,500 Accounts Receivabl
ollegr [7]

Answer:

total liabilities = accounts payable $11,500 + unearned revenue $7,500 + debt $65,900 + other liabilities $800 = $85,700

Explanation:

Cash 9,700 Accounts Payable 1,500 Accounts Receivable 4,500 Debt 2,900 Inventory 3,800 Other Liabilities 800 Property Plant & Equipment 16,400 Total Liabilities 5,200 Other Assets 1,700 Paid-In Capital 7,300 Retained Earnings 23,600 Total Equity 30,900 Total Assets 36,100 Total Liabilities & Equity 36,100

1. Buy $15,000 worth of manufacturing supplies on credit

Supplies                                           Accounts payable

debit                credit                       debit                credit

15,000                                                                       1,500

                                                         <u>                         15,000</u>

                                                                                  16,500

2. Issue $85,000 in stock

Cash                                                 Paid-In Capital

debit                credit                       debit                credit

9,700                                                                        7,300

<u>85,000                        </u>                     <u>                        85,000</u>

94,700                                                                     92,300

3. Borrow $63,000 from a bank

Cash                                                 Debt

debit                credit                       debit                credit

94,700                                                                      2,900

<u>63,000                         </u>                    <u>                        63,000</u>

157,700                                                                    65,900

4. Pay $5,000 owed to a supplier

Cash                                                 Accounts payable

debit                credit                       debit                credit

157,700                                                                     16,500

<u>                         5,000  </u>                    <u>5,000                          </u>

152,700                                                                     11,500

5. Receive payment of $12,000 owed by a customer

Cash                                                 Accounts receivable

debit                credit                       debit                credit

152,700                                            4,500                        

<u>12,000                         </u>                     <u>                         12,000</u>

164,700                                                                     7,500

Due to some strange reason, accounts receivable has a debit balance (= $4,500 - $12,000). Since that is not possible, the remaining part $7,500 must be included under unearned revenue:

Accounts receivable                       Unearned revenue

debit                credit                       debit                credit

                        7,500                                               0                        

<u>7,500                         </u>                       <u>                         7,500</u>

0                        0                                                      7,500

 

7 0
3 years ago
The benefits of comparing actual performance of the operations against planned goals include all of the following except:_______
laiz [17]

Answer:

c. determining how managers are performing against prior year's operating results.

Explanation:

Management compare actual performance against planned goals to enable them evaluate deficiencies in the actual performance which can give directions to areas that should be improved upon. Moreover, comparing actual performance and planned goals expose deficiencies in the system which management would take into consideration when making future plan hence eliminate unplanned expenditures.

Again, there is also identification of priorities to accomplish objectives when actual performance are compared against planned goals.

8 0
3 years ago
A client diagnosed with cancer has met with the oncologist and is now weighing whether to undergo chemotherapy or radiation for
Scorpion4ik [409]

Answer:

Autonomy

Explanation:

Autonomy allows the individuals to make independent decisions. In the case given in the question, the oncologist believes that the patient has the right to have their own opinions, values, and beliefs. This is why the doctor has left it on the patient to decide whether they want to go for chemotherapy or radiation to get rid of the disease. Autonomy gives the patient the right to accept or reject any treatment for themselves.

6 0
3 years ago
Xerox Corporation is using a predetermined overhead rate of $22.30 per machine-hour that was based on estimated total fixed manu
sattari [20]

Answer:

$405,860

Explanation:

Data given

Predetermined overhead rate = $22.30

Actual machine hours  = $18,200

The computation of manufacturing overhead applied is shown below:-

Manufacturing overhead applied = Predetermined overhead rate × Actual machine hours

= $22.30 × 182,00

= $405,860

Therefore for computing the manufacturing overhead applied we simply multiplied the predetermined overhead rate with actual machine hours.

5 0
3 years ago
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