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this response must be 2-3 pages
Part I
The budget scenario consists of actual and budgeted figures. Assume that Eastside Urgent Care Clinic anticipated that it would provide 2,500 flu shots in 2010 to noninsured patients at $10 per shot. The revenue and expenses were budgeted for 2,700 flu shots in 2010 to noninsured patients. The budgeted expenses were $5,000. Assume that the clinic provided only 2,455 flu shots to noninsured patients, or 98%. The actual expenses were $4,500.
Calculate the following:
Part II
Of the 4 cash flow reporting methods provided, which method is used in the following scenario?
Scenario:
Assumptions
The increase in revenue is anticipated to be $2,500,000 over a period of 5 years.
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