Did the profit meet its desired roi

Assignment Help Finance Basics

Reference no: EM13695389

The investment in a new cath lab was $950,000 in equipment costs and $50,000 in renovation costs. A desired ROI is 12%. Once the lab was operating, 7,000 patients were served in the first year and were charged $640 for each procedure. The annual fixed cost for the cath lab is $2 million, and the variable cost is $329 per procedure. 1. Calculate the cath lab's profit 2. Calculate the ROI for the cath lab 3 Did the profit meet its desired ROI?

Reference no: EM13695389

Questions Cloud

Determine the angle between the original two vectors : A vector that is 7.5 units long and a vector that is 5.7 units long are added. Their sum is a vector 9.7 unit long. determine the angle between the original two vectors

Market value capital structure suppose the schoof company : Problem 9-16 Market Value Capital Structure Suppose the Schoof Company has this book value balance sheet: Current assets $30,000,000 Current liabilities $10,000,000 Fixed assets 50,000,000 Long-term debt 30,000,000 ..

How many times more brain cells does a dog have than a cat : Assume a dog's brain is twice as great in diameter as a cat's, but each animal's brain cells are the same size and their brains are the same shape. how many times more brain cells does a dog have than a cat

What is the speed of the stream of water leaving the hose : Heavy rains have flooded your professor's basement to a depth of 6 cm. This basement is 12 m by 10 m in area. What is the speed of the stream of water leaving the hose

Did the profit meet its desired roi : The investment in a new cath lab was $950,000 in equipment costs and $50,000 in renovation costs. A desired ROI is 12%. Once the lab was operating, 7,000 patients were served in the first year and were charged $640 for each procedure. The a..

Obtain what is the magnitude of the net electric field : Two particles are fixed to an x axis: particle 1 of charge -3.84 x 10-7 C is at the origin and particle 2 of charge +3.84 x 10-7 C is at x=14.3cm. What is the magnitude of the net electric field

The u.s. market for computers is dominated by domestic firms : The U.S. market for computers is dominated by domestic firms such as Dell, Hewlett-Packard, and Apple. The U.S. market for consumer electronics is dominated by Japanese firms and brands such as Sony, JVC, Panasonic, Mitsubishi, and Toshiba.

What frequency does the armature turn : The armature of an ac generator has 100 turns. Each turn is a rectangular loop measuring 8.0 cm by 12 cm. what frequency does the armature turn

Explain there no other forces on it except possibly : If a charge particle moves in a straight line and there no other forces on it except possibly from a magnetic field can you say with certainty that no magnetic field is present? Explain

User Account

All Pages