characteristics of services. Explain how the Mayo Clinic does a good job of the characteristic of services you picked. Answer: Going through the Mayo clinic case‚ we can find that Mayo Clinic does a really good job on many characteristics‚ especially in Intangibility of services. Mayo Clinic is not only providing an effective visible product‚ which is medicine‚ but also offering good services‚ which is patient-care. Just as Mayo’s mission‚ “Mayo Clinic will provide the best care to every patient
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(C) BAD DEBTS‚ BAD DEBTS RECOVERED AND PROVISION FOR DOUBTFUL DEBTS. Bad debts Introduction Customers who buy goods on credit might fail to pay for them‚ perhaps: Out of dishonesty‚ They have gone bankrupt‚ They are incurring losses in their businesses‚ Because of unexpected introduction of foreign exchange control restrictions by their country’s government during the credit period (i.e. if they are trading internationally). They are dead. In these circumstances‚ a business might decide
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takes you out to dinner? No An allowance paid for your car. Yes. The payment of the motor vehicle allowance – this allowance is generally made to cover the expected deductible costs associated with the business usage of the employees vehicle. This allowance is effectively assessable income to the employee in their tax return. (sec.15-2) Task 2: Mike’s taxable income for the year ended 30 June 2012 Taxable Income = (Assessable Income – Deductions) Assessable Income § Wages RMIT under
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information of federal income tax. It helps to identify the different terms that are associated with income tax. It will point out how calculations are formed to paying taxes or getting a refund. This essay distinguishes the importance of your income and knowing what taxes you will be paying. Federal income taxes can be complicated and hard to file. But‚ knowing how it works can help save money‚ understand how it’s calculated‚ and what is determined in taxation. Income tax includes your income‚ deductions
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Teasha Longmore Operations Management Homework Assignment #1 Case Study: Creature Care Animal Clinic (B) This case study is about Dr. Barr who is a veterinarian and opens her own clinic. She like most first time owners is having problems managing‚ organizing‚ controlling inventory‚ and staffing employees. She just needs to take some time and find out the main goal that she set out to accomplish in the first place. The operation management problem that Dr. Barr is currently facing is planning
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empirical research on tax evasion‚ delineating the variety of factors affecting noncompliance and examining possible remedies. Particular emphasis is placed on the institutional and procedural rules governing the tax enforcement policy. JEL classification: K34 Keywords: Tax Enforcement‚ Compliance‚ Taxpayer’s Behavior‚ Tax Gap 1. Introduction Tax evasion is said to occur when individuals deliberately fail to comply with their tax obligations. The resulting tax revenue loss may cause
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systems. 4) Foresee and critically assess the implications of moving from one system to another. Table 1 Clinic income statement Total HD PD Revenues Number of patients 164 102 62 Number of treatments 34 967 14 343 20 624 Total revenue $3 006 775‚0 $1 860 287‚0 $1 146 488‚0 Supply costs Standard supplies (drugs‚ syringes) 664 900 512 619 152 281 Episodic
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$122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment spreadsheet
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This can be done by the creation of pop up clinics in the areas of the state that lack an abundance of medical professionals. The majority of clinics should be located in the eastern segment of Kentucky‚ the region in the most need. Every three months‚ these clinics could be sprung up‚ preferable in a public‚ easily accessible venue such as a high school gym‚ or a church’s multipurpose room‚ or other similar
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Income Tax Return Assignment You have your own CPA tax practice and you are greeted with new clients: Albert and Jenny Cunningham and their two children. You meet with them and they give you the information shown below. They would like you to prepare their tax return for 2013. They would like to file married filing jointly. NOTE: Reference to the “current tax year” below for the taxpayers‚ Albert and Jenny‚ it is for the calendar year 2013. Albert and Jenny Cunningham (both 42 years
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