A private not-for-profit entity estimated its Allowance for Contractual Adjustment. During the next year, the hospital found that the actual total of contractual adjustments applied to receivables on hand at the end of the previous year was $4,000 higher than the estimate. How should the difference be reported
Answer:
A trade area is a geographical area or international region in which a commercial enterprise transacts business. Also known as market area, it is a company's 'commercial territory'. A business' trade area represents a location where all or most of its sales volume occurs.
Explanation:
The least urgent concern if you are stranded in a remote area is that whether you have a shelter or a place that you could stay until the rescue arrives. It is because the most urgent concern that you have to deal with or prioritize first is your food and the materials you need to survive.
Answer:
BOB should offer 4,583,333 for the building if he wants the cap rate to be the same as the similar building.
Explanation:
The cap Rate is used to to calculate how much income a building or a property generates compared to its price it is bought at, so in order to find the cap rate we divide the annual NOI by it's price. In this question we will have to calculate the cap rate of the similar building which was sold for 6,000,000 and then use that cap rate to find what should the price of the building be that BOB wants to buy.
Cap rate = Annual NOI/Price
Cap rate of similar building = 360,000/6,000,000=0.06=6%
Now we will substitute 6% in the formula to find the price of the building BOB wants to buy.
0.06=275,00/Price
Price = 275,000/0.06=4,583,333
