CHP 440 Week 2 Homework
3.3 a. How does this income statement differ from the ones presented in Exhibit 3.1 and
Answer: Because this business is for-profit, the income statement includes taxes as an income
Elizabeth Cabusora (UIN 01065890)
CHP 440 Homework Week 4
Pg. 225 6.2 a. What is the dollar allocation to each patient services department if patient
services revenue is used as the cost driver?
Homework Week 3
4.2 a. What is the accounting identity?
Answer: Accounting identity is the relationship between assets and liabilities, where
total assets = total claims.
b. What is the implication of the accounting identity for