subject
Business, 14.04.2020 20:58 lwaites18

Ocala Clinic’s services result in $5,000 in daily billings to third-party payers. On average, it takes the clinic 50 days to collect its receivables. If the interest rate on loans needed to finance receivables (cost of carrying receivables) is 10 percent, what is the clinic’s dollar annual cost of financing its receivables balance?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 22:40, eamber646
Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000
Answers: 3
image
Business, 22.06.2019 10:30, batmanmarie2004
The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?
Answers: 3
image
Business, 22.06.2019 18:40, bella2331
Under t, the point (0,2) gets mapped to (3,0). t-1 (x, y) →
Answers: 3
image
Business, 22.06.2019 21:50, JewelzSkullz
Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing
Answers: 2
You know the right answer?
Ocala Clinic’s services result in $5,000 in daily billings to third-party payers. On average, it tak...

Questions in other subjects:

Konu
History, 24.09.2019 22:00