Of the following which is the most frequently used strategy by employers offering health care benefits to control and reduce their costs is Increase deductions and co-payments.
How to avoid bankruptcy
Consider Ideas from Employees, the next tip to avoid business bankruptcy is to overcome this by listening to the ideas of your employees. As a business owner, you shouldn't be selfish, try listening to your team's thoughts. Because ideas that may not have occurred to you to develop company performance can be conveyed by employees.Ask Professionals for Opinion, after getting input from employees, you can try to seek help from professionals. Try to discuss with entrepreneurs who are successful in setting up their business. Even though they have a successful business, they must have faced problems in their business. Therefore, it is important for you to discuss with people who have been in business, to get new views in doing business.You can learn more about bankruptcy here brainly.com/question/15277574
#SPJ4
you are trying to price two bonds that have the same maturity and par value but different coupon rates and different required rates of return. both bonds mature in 3 years and have par values of $1000. one bond has a coupon rate of 7% and a required rate of return of 7%. the other bond has a coupon rate of 5% and a required rate of return of 5%. what is the absolute value of the difference between the price of these two bonds?
As the coupon rate and required rate of return are the same on both bonds, the bonds will be issued at the par value of $1,000. Therefore, the absolute value of the difference between the price of the two bonds will be $0 (1,000 - 1,000).
In marketing, a chit is a price tag or file that can be redeemed for an economic discount or rebate when buying a product. Customarily, coupons are issued by way of manufacturers of client packaged goods by means of stores, for use in retail shops as part of income promotions. They are regularly extensively distributed through mail, coupon envelopes, magazines, newspapers, the net (social media, electronic mail newsletter), directly from the store, and mobile devices together with mobile phones. The big apple instances said that "more than 900 producers' coupons had been disbursed" in line with family, and that "America Department of Agriculture estimates that 4 households in five use coupons.
Learn more about coupon here
https://brainly.com/question/24279416
#SPJ4
2. hunter, inc. analyzed its accounts receivable balances at december 31, and arrived at the aged balances listed below, along with the percentage that is estimated to be uncollectible: aging group balance in a/r probability of non-collection 0-30 days past due $90,000 1% 31-60 days past due 20,000 2% 61-120 days past due 11,000 6% 121-180 days past due 6,000 10% over 180 days past due 5,000 25% the company handles credit losses using the aging of accounts receivable method. the credit balance in the allowance for bad debt (abd) account is $820 on december 31, before adjusting entries. the adjusting entry for estimated bad debt on december 31 will include: a) a debit to allowance for bad debt for $3,810 b) a credit to allowance for bad debt for $3,810 c) a debit to allowance for bad debt for $2,990 d) a credit to allowance for bad debt for $2,990
Adjusted balance in Allowance account required - CREDIT $3,810, Unadjusted balance in Allowance account existing - Credit (Debit) $820 and Bad Debt Expense [Adjusted balance - Unadjusted balance]$2,990
What is Bad Debt Expense?
When a receivable is no longer recoverable because a client is unable to fulfil their responsibility to pay an outstanding debt owing to bankruptcy or other financial troubles, a bad debt expense is reported. Companies that give credit to their customers disclose bad debts on their balance sheets as an allowance for uncertain accounts, often known as a provision on credit losses. Bad debt charges are often recorded on the income statement as a sales and general administrative expense. Recognizing bad debts reduces accounts receivable just on balance sheet, however businesses maintain the right to collect payments if circumstances change.
To learn more about Bad Debt Expense
https://brainly.com/question/24871617
#SPJ4
austin's total fixed cost is $3,600. austin employs 20 workers and pays each worker $60. the average product of labor is 30, and the marginal product of the twentieth worker is 12. what is the marginal cost of the last unit produced by the last worker austin hired?
$5 is the marginal cost of the last unit produced by the last worker austin hired.
Given that,
Total fixed cost = $3,600
Number of workers employs = 20
Wages = $60 per worker
Average product of labor = 30
Marginal product of twentieth worker = 12
The cost that has increased in order to produce an extra unit of a commodity is referred to as the marginal cost.
The production opportunity cost is known as marginal cost.
we can calculate the marginal cost of the last unit produced by the twentieth worker is:
= Wages per worker ÷ Marginal product of twentieth worker
= $60 ÷ 12
= $5
learn more about marginal cost here
https://brainly.com/question/7781429
#SPJ4
you just got a promotion and it came with a 25% raise in salary. you now sell your 2 old cars that you owned and buy 4 new ones. please calculate your income elasticity?
There are two income elasticities – one is for old car and the other is for new car. Income elasticity for old car = %change in QD / %change in income .
What is Income elasticity ?
The amount of a given product that is requested relies on factors other than only its price (see elasticity of demand) and the prices of related products (see cross price elasticity of demand). One such element is income.
What are some income elasticity example?
A negative 50% change in demand, or a drop of 5,000 divided by the starting demand of 10,000 automobiles, is multiplied by a 20% change in real income, or the $10,000 change in income divided by the initial value of $50,000, to determine the income elasticity of demand.
To know more about Income elasticities from the given link https://brainly.com/question/17101329
#SPJ4
inflation is an increase in group of answer choices the overall price level. real gross national product. the price of one item. the average income level.
Inflation is an increase in the overall price level. In the study of economics, inflation is the broadening of price increases across the board for goods and services in a community.
The price of the products and services that families purchase rises, which is referred to as inflation. The rate of change of such prices is used to measure it. Generally, prices increase with time, but they can sometimes decrease (a situation called deflation). The Consumer Price Index (CPI), which calculates the percent change in the cost of a selection of products and services that families typically use, is the most well-known measure of inflation.
Depending on the sorts of commodities and services, there are several techniques to measure inflation. Deflation, which denotes a general reduction in prices when the inflation rate goes below 0%, is the reverse of this phenomenon. Each unit of currency may acquire fewer products and services as the average price level rises, hence inflation is associated with a decline in the spending power of money.
Learn more about Economics here:
https://brainly.com/question/17996535
#SPJ1
which of the following are advantages of the corporate form of organization? (select all that apply). multiple select question. ability to accumulate large amounts of capital limited liability simplicity of its structure low cost of establishment transferability of ownership
There are several advantages to forming a business, including limited personal liability, comfortable request transfer, business continuity, improved access to capital, and (depending on the corporation structure) occasional tax benefits.
What is the corporate form?A company that is organized in corporate form is able to function independently of its owners. In many states, one or more people may operate a company in the corporate form of business. In general, the choice of corporate form distinguishes between two types of company structures: limited companies and partnerships. The decision is whether the company's owners will be personally liable for the company's debt or will not be. Corporations are owned by shareholders who invest money in the company by purchasing stock. The percentage of stock they own determines how much of the corporation they own.
To learn more about corporate form, refer to:
https://brainly.com/question/23271906
#SPJ4
true or false: the private market can solve this problem by broadcasting downton abbey on cable tv, since then the good would be excludable and thus no longer a public good.
True.
The private market also could solve the issue by forcing people to watch commercials embedded in the program. Because the existence of cable TV makes the good excludable, it is no longer a public good.
What is private market ?Private markets are investments in assets that are not traded on a public exchange or stock exchange. This could include private equity (investments in private companies) or private debt (investments made directly to borrowers where there is no market to trade that debt on).Private markets are attractive for three reasons: potential return enhancement, inflation protection, and diversification. Most alternative investments provide some combination of these three desirable characteristics.To learn more about private market refer to :
https://brainly.com/question/14529338
#SPJ4
if you were to run a sports team, what would be your financial and customer metrics? explain why you chose the metrics you choose. do they compete with or help each other? if you are not familiar with a sport, feel free to use the baseball example from moneyball.
Financial measures make economic data sets' qualities visible that might not be obvious from a single glance at the statistics.
Each financial measure offers a distinct message about a body of economic data, and they all deal with economic data. Profitability, account receivable aging, and days sales outstanding are some examples of financial measures (which tells how many days, on average , it takes to receive payment from the invoice date)
Non-financial measures can give insight into an organization's impact on stakeholders and society as well as act as leading indicators of future financial performance. Non-financial measures can be used to determine what changed in order to enhance and why specific financial results occurred. Non-financial criteria include, for instance, a company's reputation, competitiveness, and innovation and customer influence and value.
Learn more about financial measures hear :
https://brainly.com/question/14761339
#SPJ4
a trust is a(n): group of answer choices form of property ownership created by the common law that prevents people from stealing inheritance money from their co-inheritors form of property ownership created by the common law that combines the legal and beneficial ownership of property form of property ownership created by the tort law that separtaes the legal and beneficial ownership of property a form of property ownership created by the common law that separtates the legal and beneficial ownership of property none of the other choices are correct
Form of possessions ownership created by the standard law that separates the legal and practical ownership of property
What is possessions ownership?Ownership is the legal possession and control of property, which can be any tangible or intangible asset. Ownership can involve multiple rights, referred to collectively as title, that can be separated and held by different parties. Ownership entails absolute rights and a legal claim to an object. It means that the owner owns the object. Possession is more about having physical control over an object. A car owner, for example, could lend it to someone else to drive. That driver would then be the owner of the vehicle. However, simply lending the car to someone else does not transfer ownership.To learn more about ownership, refer to:
https://brainly.com/question/25734244
#SPJ4
markets distribute production across companies in a way that: minimizes costs. maximizes production. maximizes the number of firms. minimizes production.
The distribution of production by markets across companies is done in such a way that it minimizes costs.
How is production distributed?Production in a market is distributed according to the various companies in the market. The goal of this production is to minimize costs that are incurred by the companies in being able to provide goods and services. There are two reasons why the costs in a market need to be minimized and they both relate to ensuring that the customers are at an advantage.
The first reason for the reduced cost is that companies can be able to produce more goods and services because they will spend less per unit produced. This is therefore good for the market at large with consumers getting more goods. Lower costs also mean lower prices for consumers which is good for them once again.
Find out more on minimizing costs at https://brainly.com/question/10110929
#SPJ1
the dean of a business school is forecasting total student enrollment for next year based on the following historical data: year total enrollment 1 1600 2 2000 3 2200 4 2600 5 3000 what is 6th year's forecast using the naive approach? group of answer choices 2,200 2,800 none of the choices 2,000 3,400
Based on the latest observed data, the 6th year's forecast using the naive approach is 3000 total enrollment.
The naive approach in forecasting takes the value in the previous period and predicts that it will happen exactly the same.
Data from the problem:
Year total enrollment
1 1600
2 2000
3 2200
4 2600
5 3000
The last data is the data of the 5th year, that is 3000 students enrolled. Since the naive approach uses the latest observed data to predict the outcome for the 6th year, then the 6th year forecast is 3000 students enrolled.
Learn more about forecasting here:
https://brainly.com/question/24098912
#SPJ4
A share of stock with a beta of 0. 75 now sells for $50. Investors expect the stock to pay a year-end dividend of $2. The t-bill rate is 4%, and the market risk premium is 7%. Suppose investors believe the stock will sell for $52 at year-end. Calculate the opportunity cost of capital. Is the stock a good or bad buy? what will investors do? at what price will the stock reach an "equilibrium" at which it is perceived as fairly priced today?.
An investor is a person or a group of people who invest money in the hope of someday making a profit. This inclusive definition covers everyone from Wall Street institutions to family members who lend money to one another to startup incubators.
What is an investor, for instance?Whether the real return will be higher, lower, or the same as the needed return (opportunity cost of capital) will determine what the investors will do.You may determine the actual return by utilizing the holding period return, which is;= (Earnings(Dividends) + (Ending Stock Price - Beginning Stock Price))/Beginning Stock Price
= (2 + (52 - 50))/50
= 4/50
= 8%
The CAPM can be used to determine the Opportunity Cost of Capital.= Risk Free Rate + beta(Market Premium)
= 4% + 0.75(7%)
= 9.25%
The stock is a bad buy since the Opportunity Cost of Capital exceeds the Actual Return on the stock. Investors won't buy anything.To Learn more About investor refer to:
https://brainly.com/question/25311149
#SPJ4
What option does a licensed driver in the state of virginia have instead of purchasing liability insurance?.
Instead of purchasing liability insurance, a licensed driver in Virginia has the choice to pay an uninsured motorist vehicle fee.
In Virginia, it is considered illegal to drive a car without paying at least the minimum amount of liability insurance as required by law. It is a legal requirement in Virginian that licensed drivers have to purchase a minimum amount of auto insurance coverage for registered vehicles.
But licensed drivers in Virginia also have an option to legally drive the car without the purchase of liability insurance. In that case, the licensed drivers are required to pay an uninsured motor vehicle fee. The uninsured motorist vehicle fee makes it legal for the liscened drivers to drive the vehicle on road and thus avoids penalty.
You can learn more about car insurance at
https://brainly.com/question/20363364
#SPJ4
in general, the higher the capital-to-labor ratio: question 21 options: a) the higher the productivity. b) the lower the rate of investment. c) the lower the productivity. d) the lower the wages.
When there is a higher capital-to-labor ratio, this will result in higher productivity. Hence, Option A is correct.
What is higher productivity?
Higher output from the same amount of input is a sign of higher productivity. It denotes a greater economy's or company's ability to convert resources into goods efficiently. We can therefore produce more with less if productivity increases.
When the same number of inputs are used to produce the same amount of output but with greater output or less inputs, productivity increases. Higher capital-to-labor ratios will lead to higher levels of productivity.
Therefore, Option A is correct.
Learn more about higher productivity from here:
https://brainly.com/question/16824029
#SPJ1
customer service is a key attribute of sharon's shoe shop. sharon expects all of her employees to provide excellent service, and her performance appraisals go over this area in detail. which criterion for effective performance is sharon using?
Customer service is a key attribute of Sharon's shoe shop. The criterion for effective performance is Sharon using Fit with strategy.
Customer service is the support and advice that a company provides to people who purchase or use its products and services. Different industries require different levels of customer service, but ultimately, the idea of well-delivered service is to increase revenue. formed in the ages. This gave rise to the customer service he is known for today. It is very interesting to look back in history and see how this industry has evolved.
Inform you and your employees about the products you sell. Respond to customer questions and respond quickly (even if it's negative feedback). Do whatever it takes to make your customers happy and feel special.
Learn more about Customer service https://brainly.com/question/1286522
#SPJ4
A market with negative externalities will tend to _____ compared to a market producing the socially optimal output.
A market with negative externalities will tend to overproduce and sell at lower price compared to a market producing the socially optimal output.
Overproduction, or oversupply, means you have got an excessive amount of of some thing than is important to fulfill the demand of your marketplace. The resulting glut ends in decrease prices and probably unsold items. That, in flip, results in the price of manufacturing – such as the value of exertions – increasing significantly.
The choice for longer than important manufacturing runs or product batch sizes because of lengthy setup times. Ordering extra substances than necessary, just in case. awaiting disrupted production flows. Unbalanced manufacturing ranges, cells, or departments
Learn more about overproduce here:https://brainly.com/question/3587054
#SPJ4
emma purchased two call option contracts on vergara stock with a strike price of $18.50 when the option was quoted at $.78. the option expires today when the value of vergara stock is $19.45. ignoring trading costs and taxes, what is the net profit on this investment?
The net profit for Emma on this investment is calculated to be $0.17
Call option can be described as an option to buy by paying for a call premium. This option is used when the strike price is less than the current market price. In this problem, the strike price is $18.50 and the premium is $0.78 whereas the current market price is $19.45. The option buyer can exercise the contract by purchasing the stock at a lower price and selling at the current market price to gain a profit.
The gain can be calculated as;
Gain value = Current price - Strike price
Gain value = $19.45 - $18.50
Gain value = $0.95
Now we subtract the premium cost from this value to calculate the net profit as follows;
Profit = Gain value - Call premium
Profit = $0.95 - $0.78
Profit = $0.17
Therefore, the net profit on this investment is $0.17
To learn more about strike price; click here:
https://brainly.com/question/15571230
#SPJ4
if actual aggregate output is less than potential output, then the: please choose the correct answer from the following choices, and then select the submit answer button. answer choices long-run aggregate supply curve will shift to the left. long-run aggregate supply curve will shift to the right. short-run aggregate supply curve will shift to the left. short-run aggregate supply curve will shift to the right.
The short-run aggregate supply curve swings to the right as nominal wages decline.
When the economy is on the short-run aggregate supply curve and to the right of the long-run aggregate supply curve, actual aggregate output will eventually equal potential output as nominal wages decline and the short-run aggregate supply curve shifts to the right.
Every economy experiences short-term fluctuations in GDP as it enters or exits recession.
To know more about short run visit here :
https://brainly.com/question/13793051
#SPJ4
Determine cost of goods sold for x-mart, assuming that beginning inventory was $5,000. Net purchases were $20,000 and ending inventory was $9,000.
The cost of goods sold formula can be expressed simply as follows: Starting inventory + purchases ending inventory = cost of goods sold. The following formula combines all the inventory information for the entire accounting period: Beginning stock plus purchases equals the cost of the available products (i.e., cost of goods available for sale.) So, cost of goods sold = cost of goods available - cost of items ending inventory.
Explanation:
Beginning inventory is $5,000
Net purchases is $20,000
Ending inventory is $9,000
Therefore the cost of goods sold can be calculated as follows
= (5,000+20,000)-9,000
= 25,000-9,000
= 16,000
Hence the cost of goods sold is $16,000
To learn more about goods sold refer to
https://brainly.com/question/21781429
#SPJ4
at a sales volume of 34,000 units, choice corporation's sales commissions (a cost that is variable with respect to sales volume) total $741,200. to the nearest whole dollar, what should be the total sales commissions at a sales volume of 32,300 units? (assume that this sales volume is within the relevant range.) (round intermediate calculations to 2 decimal places.)
Total sales commissions at a unit sales volume of 424,960.
What is volume?Volume is a measurement of three-dimensional space that is occupied. It is frequently numerically quantified using SI derived units or various imperial units. Interrelate is the definition of length. Every three-dimensional object requires some amount of space. The volume of this space is measured. Volume is defined as the space occupied by an object within the boundaries of three-dimensional space. It is also referred to as the object's volume capacity. Volume is a measurement of an object's capacity. For example, the volume of a cup is 100 ml if it can hold 100 ml of water up to the brim. Volume is also the amount of space occupied by a three-dimensional object.The complete question is :
At a sales volume of 35,000 units, Thoma Corporation's sales commissions (a cost that is variable with respect to sales volume) total $448,000.
To the nearest whole dollar, what should be the total sales commissions at a sales volume of 33,200 units? (Assume that this sales volume is within the relevant range.)
To learn more about volume, refer to:
https://brainly.com/question/24279213
#SPJ4
at the end of the day, the cash register tape shows $1,180 in cash sales, but the count of cash in the register is $1,235. the proper entry to account for this excess is:
At the end of the day, the cash register tape shows $1,180 in cash sales, but the count of cash in the register is $1,235. the proper entry to account for this excess is: $55
What is Credit sales?Generally, Credit sales are purchases in which the buyer agrees to pay the seller the whole amount owing at a later time.
Customers that do not pay for their items in whole and in cash at the time of purchase are said to have made a credit sale.
In conclusion, The following entry is the correct one to make to account for the excess:
Cash withdrawal of $1235
Credit sales $1180
credit for cash over and short.
=1235-1180
credit for cash over and short.
=55
$55 is owed in credit for cash over and short.
Therefore, the third choice is the right one.
Read more about Credit sales
https://brainly.com/question/14279491
#SPJ1
all of the following are true about neoliberalism except that it a. seeks to control costs by lowering wage expenses b. characterizes the type of policies designed by powerful international financial institutions c. has been spreading globally d. refers to a recent revival of economic liberalism e. is characterized by the policy that environmental protection and job safety are too important to be left unregulated
They must understand that every culture they study is influenced by and shapes other cultures. What phrase describes money or resources invested in a company with the goal of making a profit political.
A populist economic and political structure, socialism is founded on the common, collective, or public ownership of the means of production. The equipment, resources, and manufacturing facilities utilized to create products that are intended to directly meet human needs are among those means of production understand. Three structural positions make up the contemporary world system: the core, semiperiphery, and periphery. The term "globalization" refers to the growing interconnectedness and interdependence of global economies and cultures. This is because they make other countries follow the same political policies to develop better agreements and everyone be on a similar structure and it would be easier.
Learn more about political hear :
https://brainly.com/question/14524039
#SPJ4
evaluation and control process can be defined as: question 7 options: determining how well the organization is meeting its goals annual reviews of employees' work efforts correcting problems within the company monitoring the use of technology predicting this year's sales figures
To make sure that performance levels don't deviate from the desired levels, evaluation and control should be regularly checked.
The process of evaluating a given strategy's efficacy in accomplishing organizational goals and taking appropriate corrective action when necessary is known as strategic assessment and control. By creating crisis management teams and contingency plans, control may be exercised.
Therefore, it's crucial for organizations to have evaluation and control systems in place to aid in tracking their performance. Establishing a strategic control mechanism as part of management allows firms to reconsider their strategies and move quickly in the event of unanticipated or undesirable results.
Evaluations also assist in identifying areas that require improvement and the steps required to get performance back in line with organizational goals. You attempt to take charge by putting strategies into place to help you get back on track after you have successfully evaluated the modifications necessary.
To learn more about evaluation
https://brainly.com/question/28873131
#SPJ4
when we developed the idea of leadership by lottery in class, we found that leadership by lottery creates what? (class) group of answer choices better members worse organizations (in terms of financial performance) better leaders worse leaders better organizations (in terms of financial performance)
Business leadership is the process by which people make decisions, establish goals, and give direction in a workplace setting. Although there are many distinct types of business leadership, most often the rest of the team is led and motivated by the CEO or other senior personnel.
Explain about the idea of leadership?Leaders set the example and motivate followers to uphold moral principles in order to grow. To do this, they create a vision that inspires individuals to strive toward it and then urge and motivate others to do the same. They also organize, coach, and supervise the direct or indirect delivery of the vision through their teams.
Business leadership refers to an organization's management's capacity to set and attain challenging objectives, act quickly and decisively when called upon, outperform the competition, and inspire staff to work to the best of their abilities.
A key management responsibility is to direct an organization's resources toward improved effectiveness and goal achievement. Effective leaders set clear objectives and inspire and guide their staff to achieve the objectives of the organization.
To learn more about idea of leadership refer to:
https://brainly.com/question/1232764
#SPJ4
in 2022, a taxpayer (with no employee compensation) was allocated $165,000 of self-employment income. calculate the amount of self-employment tax the taxpayer would owe.
Based on the amount the taxpayer was allocated in 2022, the amount of self-employment tax that the taxpayer would owe is $25,245
How to find the self-employment tax?The self-employment tax that a person owes is often based on three things which are their self-employment income, the social security taxes to be paid, and the Medicare taxes. This means that the self - employment taxes charged to people are often for the benefit of the less fortunate in the United States.
In the year 2022, the Social security tax for those who are self - employed is 12.4%.
The Medicare tax for those who are self - employed comes to 2.9%.
The total self - employment tax is therefore:
= 12.4% + 2.9%
= 15.3%
The amount of self-employment tax that the taxpayer would owe in 2022 is:
= 15.3 % x 165,000
= $25,245
Find out more on self-employment tax at https://brainly.com/question/19499340
#SPJ1
which of the following must be considered when applying the gross profit method? (select all that apply.) multiple select question. the shipping terms utilized for the purchase and sale of inventory items. the inventory cost flow assumption used by the company. conditions that may have changed the current year gross profit margin.
The gross profit method uses current period data on net sales and cost of products available for sale along with the company's historical gross profit percentage to estimate inventory value.
Net sales minus cost of goods sold = gross profit. Cost percentage reliability is the secret to getting accurate forecasts when using the gross profit approach. The cost percentage will be understated and ending inventory will be overstated if it is too low. Under the accounting principle known as first-in, first-out (FIFO), assets that are bought or acquired first are also the first to be sold. Under FIFO, the inventory that is still on hand consists of the products that were purchased last. LIFO is an accounting technique that is an alternative to FIFO, in which assets purchased or acquired last are retired first.
Learn more about Profit here:
https://brainly.com/question/11476624
#SPJ4
steven operates a landscaping service on the accrual method. in september of this year, steven received a payment of $18,000 for 24 months of landscape services ($750 per month commencing on november 1st of this year). when must steven recognize the income if his accounting methods are selected to minimize income recognition?
If steven received a payment of $18,000 for 24 months of landscape services ($750 per month commencing on november 1st of this year). if his accounting methods are selected to minimize income recognition is : A. $1,500 is recognized in this year, $16,500 next year.
Determining the recognized incomeSince we were told that he received payment of the amount of $18,000 and as well received the amount of $750 per months starting from November 1 now let determine his recognized amount.
Recognized amount this year:
Recognized amount this year = Amount received in November × 2 months
Recognized amount this year = $750 × 2 months
Recognized amount this year = $1,500
Recognized amount next year:
Recognized amount next year = Amount received in September - Recognized amount in November
Recognized amount next year = $18,000 - $1,500
Recognized amount year = $16,500
Therefore the correct option is A..
Learn more about recognized amount here: https://brainly.com/question/26275324
#SPJ1
The complete question is:
Steven operates a landscaping service on the accrual method. In September of this year Steven received a payment of $18,000 for 24 months of landscape services ($750 per month commencing on November 1st of this year). When must Steven recognize the income if his accounting methods are selected to minimize income recognition?
A. $1,500 is recognized in this year, $16,500 next year.
B. $1,500 is recognized this year, $9,000 next year, and $7,500 in the last year or the contract
C. $18,000 is recognized this year
D. $9,000 is recognized this year and $9,000 next year
E. $18,000 is recognized in the last year of the contract
which of the following statements about fee-for-service reimbursement is incorrect? group of answer choices a. payment may be cost based. b. payment may be charge based. c. payment may be on a prospective basis (specified beforehand). d. payment may be based on the number of covered lives. e. payment may be on a per visit basis.
The correct option will be D) Payment may be based on the number of covered lives.
FFS is a payment model in which doctors, hospitals, and medical practises charge separately for each service provided. The patient or insurance company is responsible in this model for paying whatever the healthcare provider charges for the service.
Although fee-for-service models are not completely out of the healthcare industry, value-based care models are making inroads. Patients can expect to see VBC models becoming more popular as a result of government support as a result of Medicare and ACA regulations (via the Centers for Medicare & Medicaid Services, or CMS).
To know more about "free-for-service reimbursement" refer to this link:
https://brainly.com/question/28198103?referrer=searchResults
#SPJ4
pete works for a telecommunications firm. his job is to go out and try to find new customers, which can also involve acquiring existing customers from competitors. pere's type of sales position is most accurately described as a(n)
pere's type of sales position is most accurately described as a Multiple Choice management salesperson.
Sales management contains hiring, training and inspiring the sales team, predicting sales and setting sales goals, and developing practical systems for managing leads and improving sales.
Why is the sales managers role so important to a company's success Mcq?Sales manager's role is one of the considerable involved role in the corps, they need to manage their target, recruit , encourage and train the sales people, manage the operation process, handling complaints, execute marketing techniques and be a customer promoters and compliance officer, the list can go on and on.Ability to Predict Sales Goals Based on Analytics.Strategic Thinking and Planning Mastery to Implement Sales Plans.Capacity to Coach, Mentor, and Motivate Salespeople.Knowledge to Delegate Responsibilities.Proficiency to Communicate.Sales management contains hiring, training and inspiring the sales team, predicting sales and setting sales goals, and developing practical systems for managing leads and improving sales.To learn more about : Salesperson
Ref : https://brainly.com/question/25743891
#SPJ1
suppose that the benefit to a community of cleaning a polluted lake is $100000 and it will cost $120000 to clean it. what can we expect to happen? multiple choice question.
As a result of the fact that the benefit to the community to clean the polluted lake is $100, 000 but the cost is $120, 000, we can expect that The lake is not cleaned since the cost exceeds the benefit.
What happens when cost exceeds benefit?When the cost of doing something exceeds the benefit of doing it, then the thing will most likely not be done. This is because human beings are rationally minded and so usually try to do things that would give them a net marginal benefit. They can only get a net marginal benefit if the benefits of doing something is more than the cost of doing that thing.
In this scenario, the cost of cleaning up the polluted lake is $120, 000 while the benefit of cleaning up the lake is $100, 000. The benefit is therefore less than the cost to clean so we can expect that the community would not clean up the lake.
Options for this question include:
The lake is cleaned since the benefit exceeds the cost.The lake is not cleaned since the cost exceeds the benefit.Find out more on benefit v. cost at https://brainly.com/question/28281845
#SPJ1