Questions
A hospital consortium contracted with a private company to collect fees and maintain health facilities that...

A hospital consortium contracted with a private company to collect fees and maintain health facilities that adjoin their property. Users of the health facility can pay cash of R10 for a daily visit or they can purchase a pass. The pass has a magnetic strip that is swiped through the entrance device each time an individual enters the facility. This subtracts daily fee from the pass balance for each day used. The passes are issued for a fee of R365, which are good for 365 days. Refunds are not issued on the pass. Last year R18,650 was collected for daily visits, R438,000 of annual passes were issued, and R206,225 of pass usage was registered on the scanning equipment. How much should the company recognize as revenue for the year? Explain how the revenue recognition rule should be applied in this case.

In: Accounting

QUESTION 2                                         

QUESTION 2                                                                                                    

A hospital consortium contracted with a private company to collect fees and maintain health facilities that adjoin their property. Users of the health facility can pay cash of R10 for a daily visit or they can purchase a pass. The pass has a magnetic strip that is swiped through the entrance device each time an individual enters the facility. This subtracts daily fee from the pass balance for each day used. The passes are issued for a fee of R365, which are good for 365 days. Refunds are not issued on the pass. Last year R18,650 was collected for daily visits, R438,000 of annual passes were issued, and R206,225 of pass usage was registered on the scanning equipment. How much should the company recognize as revenue for the year? Explain how the revenue recognition rule should be applied in this case.

In: Accounting

Skysong Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Skysong Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

1,500 $3.39 $3.18 $4.77 $0.37 $1.33

1333

1,200 2.86 2.44 3.71 0.53 0.53

1426

1,100 4.77 3.92 5.30 0.42 1.06

1437

1,300 3.82 3.29 3.39 0.27 0.95

1510

1,000 2.39 2.12 3.45 0.85 0.64

1522

800 3.18 2.86 4.03 0.42 0.53

1573

3,300 1.91 1.70 2.65 0.80 0.53

1626

1,300 4.98 5.51 6.36 0.53 1.06


From the information above, determine the amount of Skysong Company inventory.

In: Accounting

Exercise 9-7 Ayayai Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an...

Exercise 9-7 Ayayai Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

item No. Quantity Cost per Unit Cost to Replace Estimated Selling Price Cost of Completion and Disposal Normal Profit
1320 1,400 $3.30 $3.09 $4.64 $0.36 $1.29
1333 1,100 2.78 2.37 3.61 0.52 0.52
1426 1,000 4.64 3.81 5.15 0.41 1.03
1437 1,200 3.71 3.19 3.30 0.26 0.93
1510 900 2.32 2.06 3.35 0.82 0.62
1522 700 3.09 2.78 3.91 0.41 0.52
1573 3,200 1.85 1.65 2.58 0.77 0.52
1626 1,200 4.84 5.36 6.18 0.52 1.03

From the information above, determine the amount of Ayayai Company inventory.

In: Accounting

Coronado Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Coronado Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

1,800 $3.58 $3.36 $5.04 $0.39 $1.40

1333

1,500 3.02 2.58 3.92 0.56 0.56

1426

1,400 5.04 4.14 5.60 0.45 1.12

1437

1,600 4.03 3.47 3.58 0.28 1.01

1510

1,300 2.52 2.24 3.64 0.90 0.67

1522

1,100 3.36 3.02 4.26 0.45 0.56

1573

3,600 2.02 1.79 2.80 0.84 0.56

1626

1,600 5.26 5.82 6.72 0.56 1.12


From the information above, determine the amount of Coronado Company inventory.

In: Accounting

1. Suppose the government restricts foreign lenders from lending money in the US loanable funds market....

1. Suppose the government restricts foreign lenders from lending money in the US loanable funds market. What happens to the equilibrium interest rate in the US?

2. Suppose credit card companies encourages households to spend more. What happens to the equilibrium quantity of loans in the loanable funds market?

In: Economics

List the major senses in brain. Each sense requires the interpretation of different kinds of information...

List the major senses in brain. Each sense requires the interpretation of different kinds of information impinging upon us from our environment. In what form(s) does the information do we sense come to us, and what sense organs are stimulated. Describe this in greater detail for two senses.

In: Psychology

We have the spot rate for Japanese Yens to be Y121 per $1. The nominal (riskless)...

We have the spot rate for Japanese Yens to be Y121 per $1. The nominal (riskless) rates in Japan and US are 0.05 and .07 respectively. The forward rate is Y118 per $1. What nominal (riskless) rate of return for $ investments can an US investor earn by benefitting from the above rates?

In: Finance

Please may someone Paraphrasing this essay and you can add ideas with paraphrasing and with reference....

Please may someone Paraphrasing this essay and you can add ideas with paraphrasing and with reference.

Population growth and unemployment issue are in a directly proportional relationship.

The rapid growth in the population is one of the main reasons leading to the issue of unemployment, and at the same time it negatively affects employment opportunities. Especially reduces job opportunities. Because of the increase in population during that time, the unemployment issue became one of the most important issues in the world. For any business in the world, there is a limit to the number of workers in each field so that they cannot take more than the specified limit. Companies, government, hospitals, school, and other workplaces will not be able to allow all young people to join work even if they have the highest level of education.

50% of people who answered the survey questions believe that the increase or rise of the population is one of the main causes and causes of the issue of unemployment in the world. So, as we see that this is not a low percentage we can say because the population increase leads to the problem of unemployment, which can affect the young people who are still looking for work.

According to Mansour Salih, of the Event Experts Company, people looking for work are at least three times the opportunities in this country. This can tell us that jobs available in the country will not suit all people looking for a job. This means that a large population searches for work in a small labor market. The job will be given to a very small number of people and the rest will remain without work, which may lead to an unemployment problem.

As Thuraya Ahmed Obaid said (UN Under-Secretary-General 2000-2010) “We cannot confront the massive challenges of poverty, hunger, disease, unemployment, and environmental destruction unless we address issues of population and reproductive health”.  (Obaid, n.d.)

We have to focus on the main problem to solve all other problems, and the main problem is rapid population growth. A recent case carried out by the University of Prishtina Faculty of Applied societies in Ferizaj KOSOVA shows that due to the rapid growth of the population the unemployment rate increases, which indicates that the relationship between population growth and unemployment is directly proportional. As the population increases, many people will experience unemployment and as a result the number of unemployed increases as well. (AFRIM LOKU , GAZMEND DEDA, 2013)



Population growth affects employment at different levels such as personal, social, and global levels, and according to survey responses when the country has a large population, this will affect the individual negatively because it will be difficult for him to find a suitable job. Many people will remain without work, so social media will be affected as well. Without a job, people will not be able to reconcile with one another which may lead to a lack of communication.

Looking at the global level, the unemployment rate will increase as long as the population increase will keep many people around the world without work. We suggested measuring population growth and unemployment in an inversely proportional relationship. In this way, if the population increases, the unemployment rate will decrease, so there will be more places of work in the country. Moreover, a helpful solution is to open more employment exchange venues to inform people about employment information. Also, to avoid unemployment people must build themselves by setting up their own businesses. This will help the employer as well as people looking for jobs.

Finally, the UAE government has developed some programs to help young people find a job such as Tawteen and Absher Council. These programs support the young Emirates looking for work, the main purpose of which is to reduce the problem of unemployment in the country, even if the population increases continuously and rapidly.  (Shhehab Al Makahleh, Samia Badih And Sara Sabry, Staff Reporters, 2012)


In: Economics

You buy a 20-year bond with a coupon rate of 9.6% that has a yield to...

You buy a 20-year bond with a coupon rate of 9.6% that has a yield to maturity of 10.6%. (Assume a face value of $1,000 and semiannual coupon payments.) Six months later, the yield to maturity is 11.6%. What is your return over the 6 months?

A bond has a face value of $1,000, a coupon of 5% paid annually, a maturity of 40 years, and a yield to maturity of 8%. What rate of return will be earned by an investor who purchases the bond for $642.26 and holds it for 1 year if the bond’s yield to maturity at the end of the year is 9%?

In: Finance