A change in an accounting estimate is: Considered an error in the financial statements Reflected in past financial statements Reflected in future financial statements and also requires modification of past statements Not allowed under current accounting rules A change in a calculated amount that is part of financial statements that results from new information or

Search the Internet for information related to the following:   Women’s rights organizations Equality organizations Gay, lesbian, bisexual, and transgender (GLBT) rights organizations   Note. You may also refer to the Internet Resource Directory of Racial and Ethnic Groups.     Complete the following table with notes and thoughts related to your findings:   Site Thoughts/Notes    

A company purchased a rope braiding machine for $190,000. The machine has a useful life of 8 years and a residual value of $10,000. It is estimated that the machine could produce 750,000 units of climbing rope over its useful life. In the first year, 105,000 units were produced. In the second year, production increased

Ace Company purchased a machine valued at $320,000 on August 1. The equipment has an estimated useful life of five years or 2.5 million units. The equipment is estimated to have a salvage value of $8,200. Assuming the straight-line method of depreciation, what is the amount of depreciation expense that needs to be recorded at

A company’s annual accounting period ends on December 31. During the current year a depreciable asset which cost $24,000 was purchased on October 1. The asset has a $1,000 estimated salvage value. The company uses straight-line depreciation and expects the asset to have a 6-year life. What is the total depreciation expense for the current


Thursday, 21 April 2011 by

Obsolescence: Refers to the insufficient capacity of a company’s plant assets to meet the company’s productive demands Does not affect plant assets Refers to a plant asset that is no longer useful in producing goods and services Occurs when an asset is at the end of its useful life Occurs when an asset’s salvage value

A leasehold:

Thursday, 21 April 2011 by

A leasehold: Is a short-term rental agreement Is an investment asset Are the rights granted to the lessee by the lessor of a lease Is recorded as rent expense Is the same as a patent

Write a four to eight (4-8) page paper in which you:   1. Create an environmental scan for the company indicating the most significant environmental threats and discuss how the company should respond to each threat to ensure that the impact to the business is minimal.   2. Based on the environmental scan, evaluate the

(TCO 7) A hospital incurs $10 million of cost to treat Medicaid patients and receives $7 million in payment. Actual charges for these Medicaid patients were $20 million. The net community benefit expense that would be reported in Schedule H of IRS Form 990 would be? (Points : 10)

Write a four to five (4-5)  page paper in which you: Differentiate between marketing in a business industry of your choice to marketing within the health care industry. Be sure to discuss the key roles, the impact of the external environment, etc.  within each industry.   As a health care professional, develop a process you