P A R T I Healthcare Finance Overview CHAPTER Introduction to Healthcare Finance 1 Progress Notes After completing this chapter‚ you should be able to THE HISTORY Financial management has a long and distinguished history. Consider‚ for example‚ that Socrates wrote about the universal function of management in human endeavors in 400 B.C. and that Plato developed the concept of specialization for efficiency in 350 B.C. Evidence of sophisticated financial management exists for much
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Current Year‚ Current Year Actual (Unaudited) Prior year Forecast Current Year Revenue and Expense: Sales (net) $9‚000‚000 $9‚900‚000 $9‚720‚000 Cost of Goods Sold 6‚296‚000 6‚926‚000 7‚000‚000 Gross Margin 2‚704‚000 2‚974‚000 2‚720‚000 General Expense 2‚044‚000 2‚000‚000 2‚003‚000 Depreciation 300‚000 334‚000 334‚000 Operating Income $360‚000 $640‚000 $383‚000 Interest Expense 60‚000 110‚000 75‚000 Income Taxes (40%) 120‚000 212‚000 123‚200 Net Income $180‚000 $318
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316 220 73 Service Area Statistics Square Miles Population Service Supplied Annual Vehicle Revenue Miles Annual Vehicle Revenue Hours Vehicles Operated in Maximum Service Vehicles Available for Maximum Service Base Period Requirement 1‚085‚611 56‚386 21 32 10 1‚126 181‚670 Total Directly Operated 17 3 Purchased 1 Transportation 1 0 20 1 Revenue Vehicles $58‚838 $0 Systems and Guideways $196‚983 $0 Facilities and Stations $440‚404 $0
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Chapter 1 INTRODUCTION Background of the Study Big achievements start on small ideas. Research allows you to pursue your interests‚ to learn something new‚ to hone your problem-solving skills and to challenge yourself in new ways. Working on a faculty-initiated research project gives you the opportunity work closely with a mentor–a faculty member or other experienced researcher. With a self-initiated research project‚ you leave Berkeley with a product that represents the distillation of your interests
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capital and revenue expenditure is a capital expenditure results in an addition to an asset account whereas a revenue expenditure results in an addition to an expense account. Capital expenditures are payments for asset alterations‚ additions and replacements. Revenue expenditures benefit a current period and are made to maintain assets with routine repairs or replacement of a minor part. Again capital expenditure will benefit 2 or more accounting periods through depreciation process and expenses for future
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different families have different rules and standards about children receiving allowance. Some families don’t let their children have allowance at all. Other families give children a set amount of money no matter what. However‚ neither of these methods is as effective to a child’s character growth as the third method; only giving children allowance when they have earned it. Parents should only give their children an allowance when they earn it because this teaches about responsibility‚ the real world
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Using the 30-day expense tracking worksheet was fairly easy and useful. I did not encounter any challenges with this assignment. It was helpful because it helped me keep track of my expenses for a whole month. During this whole month‚ I was able to notice what most of my money was going towards to. A lot of it was going towards food. Recording my transactions all the time was slightly difficult. There must have been some stuff I purchased that I forgot about. Usually‚ I remembered to record any of
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Contractual and Non-contractual Liability I. Contract A contract is an agreement having a lawful object entered into voluntarily by two or more parties‚ each of whom intends to create one or more legal obligations between them. The elements of a contract are "offer" and "acceptance" by "competent persons" having legal capacity who exchange "consideration" to create "mutuality of obligation." Contracts may be bilateral or unilateral. A bilateral contract is an agreement in which each of the
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EXPENSES ANANDA CHAIRUNNISA ISA ANDRIA RAHMAN MEGA PUSPITASARI MELISA ANGGRENI NOPITA AULIA SIREGAR SAPPHIRA JULIA SAPUTRI 1. Expense Defined In accounting‚ expense has a very specific meaning. It is an outflow of cash or other valuable assets from a person or company to another person or company. This outflow of cash is generally one side of a trade for products or services that have equal or better current or future value to the buyer than to the seller. Technically
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ABILITY GROUPING Ability grouping is grouping students according to their ability. The practice of grouping student according to their level of academic skills allows a teacher to provide a uniform level of instruction to an entire group. TYPES OF GROUPING 1. Between class 2. Within class ability grouping Between- class grouping refers to a schools’ practice of forming classroom that contain students of similar ability. Within class grouping refers to the teachers’
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