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3 years ago

A policy that temporarily denies new appointments to a medical staff is called

1 answer:

4 0

The answer to the question being raised about a policy that temporarily denies new appointments to a medical staff is called Moratorium. Moratorium may come in different form one of which is the temporary denying of an appointment or an authorized period of delay or waiting or even suspension of an activity.

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The following lots of a particular commodity were available for sale during the year: Beginning inventory 10 units at $60 First

Rus_ich [418]

Answer:

The answer is: the amount of inventory at the end of the year was $1,583 using the average cost method.

Explanation:

The average cost method calculates the cost of inventory by dividing the total costs of goods by the total units.

10 units x $60 = $600
25 units x $65 = $1,300
30 units x $68 = $2,040
15 units x $75 = $1,125

The total cost of inventory is $5,065 ($600 + $1,300 + $2,040 + $1,125)

The total units in inventory are 80 (10 + 25 + 30 +15)

To find the average cost per unit = $5,065 / 80 units = $63.31

If 25 units were left at the end of the year, then the total cost of inventory is $63.31 x 25 = $1,582,81 or $1,583

3 0

3 years ago

Assume that the custodian of a $675 petty cash fund has $137.50 in coins and currency plus $517.50 in receipts at the end of the

frutty [35]

Answer:

Entry to replenish

Dr. Expenses $517.5

Dr. Cash Short $20

Cr. Cash (675-137.5) $537.5

Explanation:

Petty cash is a small amount of fund which is kept in the business for day to day expenses. Cash is issued from this fund for daily small expense which is not appropriate to withdraw from the bank by check.

The difference between the expenses receipts and cash outflow is cash excess or short.

In this question there is a cash shortage because the cash payment is more than the receipt received / available.

8 0

3 years ago

roject A costs $6,000 and will generate annual after-tax net cash inflows of $2,150 for five years. What is the payback period f

Elden [556K]

Answer:

It will take 2.79 years to cover the initial investment.

Explanation:

Giving the following information:

Project A costs $6,000 and will generate annual after-tax net cash inflows of $2,150 for five years.

The payback period is the time required to cover the initial investment:

Year 1= 2,150 - 6,000= -3,850

Year 2= 2,150 - 3,850= -1,700

Year 3= 2,150 - 1,700= 450

To be more accurate:

(1700/2150)= 0.79

It will take 2.79 years to cover the initial investment.

6 0

3 years ago

A convenience store owner is contemplating putting a large neon sign over his store. It would cost $50,000, but is expected to

Radda [10]

Answer: No, since the value of the cash flows over the first two years are less than the initial investment

Explanation:

value of cash flows for the first two years = $48,000 (24,000x2)

Initial Investment = $50000

Because the additional $48,000 profit during the two year payback is not grater than the $50,000 purchase, they should not put the large neon sign up.

4 0

3 years ago

Bernie Company sells buttons to fabric stores. Sales are expected to be $2,046,299 in January, $2,484,001 in February and $3,162

Igoryamba

Answer:

$1,701,371

Explanation:

Gross Profit = Sales - Cost of Sales

therefore,

In percentage this equation can be expressed according to the Company policy as :

46 % = 146 % - 100%

Cost of Sales = 100/146 x $2,484,001 = $1,701,371

Conclusion :

Budgeted cost of goods sold for February is $1,701,371

3 0

3 years ago