Matter-of-Fact Medicine uses client-visits as its measure of activity. During September, the business budgeted for 2,100 client-visits, but its actual level of activity was 2,140 client-visits. The business has provided the following data concerning the formulas used in its budgeting and its actual results for September: Fixed element per month Variable element per client-visit Revenue $44.50 Personnel expenses $26,100 $12.60 Medical supplies 600 7.2 Occupancy expenses 6,500 2.4 Administrative expenses 3,100 0.1 Total expenses $36,300 $22.30 Actual results for September: Revenue $93,240 Personnel expenses $50,754 Medical supplies $15,238 Occupancy expenses $11,646 Administrative expenses $3,394 The spending variance for medical supplies in September would be closest to: (F: favorable, U: unfavorable)

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.

When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?

What is considered to be a significant disadvantage of owning