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Step2247 [10]
3 years ago
11

Tom Gregory is the practice manager for a local urologist. The practice has a detailed set of financial policies dealing with re

quired payments from patients, but the staff have not been enforcing the policies and patients are not familiar with the requirements or the reasoning behind these policies. How does Mr. Gregory address this issue?
Business
1 answer:
Furkat [3]3 years ago
5 0

Answer:

Take actions by sending the due payments to a collection company.

Explanation:

Collection companies specialise in recovery of funds that are due. These companies can be used by lenders or creditors to get back their money from clients.

The creditor pays the collection company an agreed percentage of funds recovered.

In this scenario staff have not been enforcing the payment policies and patients are not familiar with the requirements or the reasoning behind these policies.

There is a need for specialists that are conversant with the policies to make the collection process efficient

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Affirmative action

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ABC effort can be described as an Affirmative action towards recruiting a group that was previously disadvantaged or discriminated upon previously.

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Read 2 more answers
A bond is selling for 95% of par and has an annual coupon rate of 6% and will mature in five years. There are semi-annual coupon
Alex

Based on the selling price, the coupon rate, and the period, the yield to maturity will be <u>7.2%. </u>

<h3>What is the yield to maturity?</h3>

This can be found using a financial calculator or Excel worksheet.

Face value = 95% x 1,000

= $950

Coupon amount = 1,000 x 6% / 2 semi annual periods per year

= $30

Period = 5 years x 2

= 10 semi annual periods

Yield to maturity is = 3.6%

Annual yield to maturity:

= 3.6% x 2

= 7.2%

Find out more on yield to maturity at brainly.com/question/15172286.

4 0
3 years ago
A supplier's bargaining position is especially strong when: A. many sources of the supply exist. B. other materials can be subst
podryga [215]

Answer:

C. the supply is vital to the organization.

Explanation:

Bargaining is the act of exchanging, whether fraudulently or not, an object for another; It is the strength of a person or group when discussing prices, putting pressure and demanding, for example, higher quality at a lower price. A supplier's bargaining position is especially strong when supply is vital to the organization, because the organization will need to buy that supply regardless of the price the supplier requests.

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