<span>Information was used to file claims against insurance companies and government insurance, patients were pushed to take out loans to cover services, patients' credit card information was obtained and card companies were billed, patients were required to furnish bank information and electronic checks were processed by financial institutions.</span>
Original price: 24 times 300 = 7200
Making money: 0.25*(2/3)24*300 = 1200
Loss: 0.3*(1/3)24*300 = 720
Profit overall = 120–720 = $480
A good that is commonly accepted as a medium of economic exchange is money. It serves as the main determinant of wealth and the medium through which prices and values are expressed. It is used as a medium of exchange since it can move anonymously from one person to another and from one country to another.
The primary function of money is to enable a trade to occur without the dreaded double coincidence of barter by enabling the distinction between buying and selling.
Theoretically, credit may fulfil this need, but the supplier would need to know the probability of repayment before extending credit. In contrast to using money, this requires far more information on the customer and involves informational and verification fees.
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Answer:
d.Cost, residual value, and service life
Explanation:
The depreciation of an asset is the systematic allocation of cost for the use of the asset over its useful life.
Depreciation is usually computed using the formula below
Depreciation = (cost - salvage value)/useful life
The difference between the cost and salvage value is the depreciation base of the asset over its entire useful life.
As such, the right option is d.Cost, residual value, and service life
Answer:
A) Isabel's after-tax cost for paying the bill in December = $19,000 - ($19,000 x 40%) = $19,000 - $7,600 = $11,400
B) Isabel's after-tax cost for paying the bill in January:
the cost before taxes = $19,000 - ($19,000 x 4%/12) = $19,000 - $63 = $18,937
after-tax cost = $18,937 - ($18,937 x 40%) = $18,937 - $7,575 = $11,362
C) January, since the cost of the debt is lower.