Break-even point expressed in total revenue

Reference no: EM13152116

St. Vincent Hospital has overall variable costs of 30% of total revenue and fixed costs of $42 million per year.

1. Compute the break-even point expressed in total revenue.

2. A patient-day is often used to measure the volume of a hospital. Suppose there are to be 50,000 patient-days next year. Compute the average daily revenue per patient-day necessary to break even.

Reference no: EM13152116

Questions Cloud

What amount of annual income will you need to live : If you expect to retire in 30 years, are currently comfortable living on $50,000 per year and expect inflation to average 3% over the next 30 years, what amount of annual income will you need to live at the same comfort level in 30 years?

What organelle does mito-tracker stain : What organelle does Mito-Tracker stain? Describe the staining pattern when the cells are stained with Mito-Tracker. Also, determine where the organelle stained by Mito-Tracker should be localized. Did your results conform to this information? Why ..

What will the resulting quantities demanded and supplied : A proposal has been made to increase the price paid by the consumers to the suppliers to $40. What will the resulting quantities demanded and supplied and the resulting utilization be?

What will be the final temperature of the delta h : what will be the final temperature of the solution in the calorimeter? The heat of solution,delta H solution, ofCaCl2of is -82.8kj/mole.

Break-even point expressed in total revenue : Compute the break-even point expressed in total revenue. A patient-day is often used to measure the volume of a hospital. Suppose there are to be 50,000 patient-days next year. Compute the average daily revenue per patient-day necessary to break ev..

Why would secrecy in operating a business be important : Why would secrecy in operating a business be important to an owner? What form of organization would be most appropriate for a business requiring great secrecy?

Which of these can be classified as a mucus membrane : Which of these can be classified as a mucus membrane? Please explain.

Purchase price pod company paid for investment : The ending balance in the Investment in Pod Company account at December 31, 2010 was $320,000 after applying the equity method during 2010. What was the purchase price Pod Company paid for its investment in Jobs, Inc?

Determine which hospital has the best record using data : Record the tumor grade and whether the patient was still alive one year after surgery. University Hospital County Hospital Private Hospital Which hospital has the best record?

User Account

All Pages