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Projected revenue for year 20X1 is as follows: $845,622 in January, $517,629 in February, $528,674 in March, and $847,032 in April. Historical net revenues categorized by payer: Payer Medicare Medicaid Blue Cross Private Payer Revenue Percent Medicare 8,331,224 Medicaid 12,723,238 Blue Cross 10,763,087 Collection patterns by payer: Private Total Within 1 Month 21% 9% 5% 54% 5,527,687 Within 2 Months 33% 17% 40% 30% ? Within 3 Months 35% 48% 36% 5% Within 4 Months Total ? 100% ? 100% ? 100% ? 100% How much revenue do we expect to collect in total in March? (Do

Home Infusion provides an average of 10 home health visits a day at an average net charge of $119 per visit, for $979 in average daily billings (ADB). They provide services approximately 221 days per year. All services are paid by two third-party payers: One pays for half of the billing 24 days after the service is provided and the second pays for the other half of billings in 9 days. Average cost of debt (i.e. the interest rate on bank loans) is 15%. What is the average accounts receivable balance? (Do not round intermediate calculations and round your final answer to 2 decimal places. Omit the "$" sign and commas in your response. For example, $12.3456 should be entered as 12.35.)

Godo A medical practice bills $10,000 worth of patient visits in the month of May, but only collects $5,000 of this amount before month ends. In addition, the practice collects $3,000 from prior months' bills to patients. During May, the practice had $9,000 in total expenses but only paid $7,500 of these expenses in cash during the month. Further, the practice paid out $1,000 of expenses from prior months. What are the revenues, expenses and net income of the practice for May if it uses the cash basis of accounting?

A. What are the expected revenues for S2BU for each month, April through September? Revenues are recorded in the month of the occasion. B. What are the expected cash receipts for each month, April through July?

Valley Hospital measures the in-patient occupancy of the hospital by determining the number of patient days divided by the number of available bed days in the hospital for a time period. The following in-patient data are available for the months of April, May, and June:                                                           April           May               JuneAdmitted patients 1,                          440 1,        860 2,             250 Average length of stay per patient    4.0 days     3.5 days         3.0 daysThe hospital has 200 rooms. One hundred rooms are private and have a single bed per room. The other 100 rooms are semi-private with two beds per room. a. Determine the number of in-patient days for each month.b. Determine the available bed days rate for each month.c. Determine the occupancy rate for each month.d. Interpret the results in (c).

The Valley Hospital measures the in-patient occupancy of the hospital by determining the number of patient days divided by the number of available bed days in the hospital for a time period. The following in-patient data are available for the months of April, May, and June:   April    May    June    Admitted patients   1,440     1,860     2,250   Average length of stay per patient   4.0  days   3.5  days   3.0  days The hospital has 200 rooms. One hundred rooms are private and have a single bed per room.The other hundred rooms are semi-private with two beds per room. a. Determine the number of in-patient days for each month.     Number of in-patient Days   April   fill in the blank 1      May   fill in the blank 2      June   fill in the blank 3        b. Determine the available bed days for each month.     Available Bed Days   April   fill in the blank 4      May   fill in the blank 5      June   fill in the blank 6        c. Determine the occupancy…

Solve with explanation and accounting question

32. If Adel allows a 2 percent cash discount if collected in the month of sale, it isexpected that 60 percent will be collected in the month of sale and the balance in the month following. How much will be collected from customers in December under the newpercentages?a. P17,500b. P18,500c. P16,290d. P20,000

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Davis and Davis have expected sales of $490, $465, $450, and $570 for the months of January through April, respectively. The accounts receivable period is 28 days. What is the accounts receivable balance at the end of March? Assume a year has 360 days. a. $450 b. $420 c. $440 d. $426

Problem #1. You have a Visa credit card account with a 26.49% annual percentage rate calculated on the average daily balance. The billing date is the first day of each month, and the billing cycle is the number of days in that month. Your credit card balance on April 1 was $552. On April 10th you made a $119 purchase. You made another purchase, a $25 gift card, on April 24th. You made a $150 payment on April 29th. Show your work for all parts of the problem. (a) What is the average daily balance for April? (b) What is your finance charge on the account as of May 1st?  (c) What is your new credit card balance?

The pharmacy receives a monthly capitation fee of $535.00. Within a month, it fills 79 prescriptions totaling $389.75. How much profit does the capitation fee provide?  Group of answer choices $108.52 $283.93 $57.55 $145.25

Problem #1. You have a Visa credit card account with a 20.98% annual percentage rate calculated on the average daily balance. The billing date is the first day of each month, and the billing cycle is the number of days in that month. Your credit card balance on June 1 was $316. On June 9th you made a $125 purchase. You made another purchase, a $50 gift card, on June 25th. You made a $175 payment on June 28th. (a) What is the average daily balance for June? (b) What is your finance charge on the account as of July 1st?  (c) What is your new credit card balance? Work MUST be shown

Problem #1. You have a Visa credit card account with a 22.75% annual percentage rate calculated on the average daily balance. The billing date is the first day of each month, and the billing cycle is the number of days in that month. Your credit card balance on June 1 was $307. On June 9th you made a $139 purchase. You made another purchase, a $150 gift card, on June 25th. You made a $250 payment on July 27th. Show your work for all parts of the problem. (a) What is the average daily balance for June? (b) What is your finance charge on the account as of July 1st? (c) What is your new credit card balance?

Benson Memorial hospital cost formula for its wages and salaries is $2,030 per month plus $409 per birth. For the month of December, the hospital planned for activity of 112 births, but the actual level of activity was 114 births. The actual wages and salaries for the month was $50,800. The wages and salaries in the planning budget for December would be closest to: ○ $50,800 $47,838 $49,707 $48,656

What is the amount of the April collections?

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Assume that you start with a balance of $3900 on your credit card.During the first month you charge $400. During the second month you charge $650 and make a payment of $280. Assume that your credit card charges a 29% APR and each month you make the minimum payment of 2.5% of the balance. Complete the following table. Round your answer to the nearest cent. Month 1 Previous balance- $3900 Finance charge- $94.25 Purchase- 400 Payment ?97.50 New balance? Month 2 Previous balance- finance charge- purchase- payments- New balance

Kathy Hansen has a revolving credit account. The finance charge is calculated on the previous month's balance, and the annual percentage rate is 21%. Complete the account activity table for Kathy. Month PreviousMonth'sBalance FinanceCharge(in $) Purchasesand CashAdvances Paymentsand Credits New BalanceEnd of Month(in $) March $720.00 $   $129.97 $65.00 $

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