Al is a medical doctor who conducts his practice as a sole proprietor. during 2019, he received cash of $334,200 for medical services. of the amount collected, $33,600 was for services provided in 2018. at the end of 2019, al had accounts receivable of $91,400, all for services rendered in 2019. in addition, at the end of the year, al received $11,000 as an advance payment from a health maintenance organization (hmo) for services to be rendered in 2020. compute ai's gross income for 2019 using the cash basis of accounting.

Which of the following is not a consideration when determining your asset allocation

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

Atrough in the business cycle occurs when