Answer:
If the hospital underestimated its bad debt, that means that they are overestimating their profits. The cash flow is determined using the income statement, so it will also be overestimated. But at some point reality will catch up and the actual cash flow will be less than expected, since bad debts reduce actual revenue.
Answer:
No
Explanation:
If Janet Decides to make height and base half, then the area is multiplied by 1/4.
New height according to Janet = 25 ft / 2 = 12.5 ft
New Length of garden = 30 ft / 2 = 15 ft
Area of garden = Length x height
= 15 x 12.5
= 187.5
Total amount spend on this land = Area of garden x Cost
= 187.5 x $9.50
= $1781.25
Therefore, she will have to pay $1781.25
Answer:
Profit of $8,500
Explanation:
Strike Price = $90,000
Premium = $1,500
Break even point = Strike price - Premium
Break even point = $90,000 - $150
Break even point = $88500
Profit = Break even point - Share price
Profit = $88,500 - $80,000
Profit = $8,500
Answer:
Unit of account
Explanation:
Money serves three functions :
1. Unit of account : money serves the function of determining the value of a good or service. It is usually assumed that goods that are more highly priced are more valuable that goods that have lower prices
2. Medium of exchange : goods and services can be exchanged for money. For example, if I want to buy a gallon of gasoline and pay 4 seashells, money has served as a medium of exchange.
3. store of value: money can be saved, retrieved and exchanged sometimes in the future
Given the following information, calculate the hourly cost and labor burden markup percentage of a project manager
Base Salary: 880.000 annually
Total Labor Burden: $ 22.000 annually worked hours per week: 40 worked weeks per year: 52
Paid Vacation: 2 weeks per year ($1.600 for.
the hourly cost and labor burden markup percentage of a project manager.
Answer - (A) $53.05 per hour. 40% labor burden markup.
The total cost formula combines the variable and fixed costs of product offerings into one sum. The formula is Total cost = (average fixed cost x average variable cost) x number of units produced.
The total annual cost is the sum of the normal cost and the additional annual cost.
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