accounting profits and economic profits for Gomez’s pottery. Explicit costs: $37‚000 (= $12‚000 for the helper + $5‚000 of rent + $20‚000 of materials). Implicit costs: $22‚000 (= $4‚000 of forgone interest + $15‚000 of forgone salary + $3‚000 of entreprenuership). Accounting profit = $35‚000 (= $72‚000 of revenue - $37‚000 of explicit costs); Economic profit = $13‚000 (= $72‚000 - $37‚000 of explicit costs - $22‚000 of implicit costs). 8-4 (Key Question) Complete the following table by calculating
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The criminal justice system ignores the mentally ill‚ and by not treating them differently‚ causes more crime and discomfort for the citizens of the United States. The term mentally ill is defined by “any of various psychiatric disorders or diseases‚ usually characterized by impairment of thought‚ mood‚ or behavior” (mental illness). Although there are many disorders and diseases that can fit into this definition‚ schizophrenia is the most significant. The focus then should be on people who have
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3 Cost-Volume-Profit Analysis Learning Objectives 1. Explain the features of cost-volumeprofit (CVP) analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5. Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producing multiple
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Business (UKM-GSB-LHDN) Cost Classification: Government Agency PROBLEM 2-56 The Department of Natural Resources is responsible for maintaining the state’s parks and forest lands‚ stocking the lakes and rivers with fish‚ and generally overseeing the protection of the environment. Several cost incurred by the agency are listed below. For each cost‚ indicate which of the following classifications best describe the cost. More than one classification may apply to the same cost item. The Answers
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competency of an individual‚ one must spend time to question and study the person‚ definitely spend more than 10 minutes with the patient. Many laws have been established and put into place to protect the young‚ the old‚ the innocent and the mentally ill. Trial competence is different from being criminally responsible for your actions. Trial competence refers to the current ability of the defendant to understand and participate in the trial process. The United States Constitution states that a person
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“Medical Records” HCA 322 Health Care Ethics & Medical Law 06/11/2013 “Medical Records” 1 Some of the laws that bind the professional that works with medical records are the maintaining of patient medical information such as doctors’ orders‚ test results‚ x-rays‚ the prescriptions of different medications etc. Medical records must be precise
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The personnel are close and they maintain a good relationship with each other. While there was no incident that caused them to work together I have seen them help each other out. PACU or the recovery room is where the patients come directly too after their surgery. The basic job of the nurses at PACU is to make sure that the patient wakes up from the anesthesia and keep their pain low. Notice how I said low not gone because they rate pain on a pain scale of 1 to 10 which 1 being the lowest and 10
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today delivers coverage and care for about 600‚000 people in Washington and Idaho. 2. Medical Expenditure Panel Survey (MEPS) is the single nationwide statistics source calculating in what way Americans use and pay for medical care‚ health insurance‚ and out-of-pocket expenses. Yearly examinations of individuals and families‚ and their health care providers‚ provide data on health status‚ the use of medical services‚ charges‚ insurance coverage‚ and satisfaction with care. It also contains information
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Tin 1 Allison Tin Professor T Composition 1 17 April 2014 Medical Marijuana: Using It Vs Abusing it Recently‚ the effects of medical marijuana have been noted to be helpful in an abundance of ways to people with different terrible situations. For example‚ Charlotte Figi is a girl with very serious epilepsy. Weekly enduring hundreds of seizures made life truly miserable and torturous for Charlotte. She continued the severe seizures consistently despite the anti-seizure prescription drugs
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4. RADIOMETER 4.1 Case description The case study is part of the broad healthcare industry that is composed of sectors committed to providing medical services and products. The healthcare industry comprises both the institutions such as hospitals‚ laboratories‚ pharmaceutical and medical equipment manufacturers‚ healthcare insurances companies‚ as well as the activities in these locations. Healthcare represents one of the largest industries worldwide including doctors‚ nurses‚ clinicians‚ hospitals
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