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Budget assumptions for this exercise include both inpatient and outpatient revenue and expense. Assumptions are as follows: As to the initial budget: The budget anticipated 30,000 inpatient days this year at an average of $650 revenue per day. The inpatient expenses were budgeted at $600 per patient day. The budget anticipated 10,000 outpatient visits this year at an average of $400 revenue per visit. Outpatient expenses were budgeted at $380 per visit As to the actual results: Assume that only 27,000 or 90% of the inpatient days are going to actually be achieved for the year. The average revenue of $650 per day will be achieved for these 270,000 inpatient days. The outpatient visits will actually amount to 110%, or 11,000 for the year. The average revenue of $400 per visit will be achieved for these 11,000 visits. Further assume that, due to the heroic efforts of the Chief Financial Officer, the actual inpatient expenses will amount to $11,600,000 and the actual outpatient expenses will amount to $4,000,000 REQUIRED: 1. Set up three worksheets that follow the format of those in Example 15A. However, in each of your worksheets make two lines for revenue; label one as Revenue-Inpatient and the other Revenue--Outpatient. Add a Revenue Subtotal line. Likewise, make two lines for expense; label one as Expense--Inpatient and the other Expense--Outpatient. Add an Expense Subtotal line. 2. Using the new assumptions, complete the first worksheet for "As Budgeted." 3. Using the new assumptions, complete the second worksheet for "Actual." 4. Using the new assumptions, complete the third worksheet for "Static Budget Variance." Complete the excess of revenue over expenses for actual, budget, and static budget variance.
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This small project of financial management required to prepared and statement showing gross income bas on the given instructions. This instrument were divided into four part each parts has its Owen method to compute gross income
Assume these securities are correctly priced. Based on the CAPM, what is the expected return on the market? What is the risk-free rate?
A prospective homeowner wants to determine how much she can borrow in the form of a fixed-rate 20-year mortgage. Mortgages of that maturity carry a fixed interest rate of 9.00%. How large a mortgage can she afford, assuming she makes steady payments ..
Given the following information on a fixed-rate loan, determine the maximum amount that the lender will be willing to provide to the borrower. Loan Term: 30 years, Monthly Payment: $800, Interest Rate: 6%.
MassNet Corporation has 6.65 million shares outstanding and debt with interest payments of $1.53 million. What earnings before interest and tax (EBIT) must the firm have if it were to provide $1 per share to the shareholders? Assume perfect markets.
An investment will pay $50 at the end of each of the next 3 years, $250 at the end of Year 4, $350 at the end of Year 5, and $600 at the end of Year 6. If other investments of equal risk earn 11% annually, what is its present value? Round your answer..
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A 5-year Treasury bond has a 3.45% yield. A 10-year Treasury bond yields 6%, and a 10-year corporate bond yields 9.4%. The market expects that inflation will average 3.75% over the next 10 years (IP10 = 3.75%). What is the yield on this 5-year corpor..
Thompsen Enterprises is a rapidly growing firm that reinvests all of its income into future projects. Thus, the firm does not pay any dividends, nor does it intend to do so any time in the future. Explain how and why the dividend growth model can or ..
Suppose the six-month interest rates in Japan and the United States are 7% per year, compounded semi-annually, and 9% per year, compounded semi-annually, respectively. The spot rate is ¥142 : $1 (i.e., ¥/$ 142), and the 6 month forward rate is ¥139 :..
Assume both portfolios A and B are well diversified, that E(rA) = 14.8% and E(rB) = 15.8%. If the economy has only one factor, and βA = 1 while βB = 1.1, What must be the risk-free rate?
Ralph's Machine shop purchased a computer used in tuning engines. To finance the purchase, the company borrowed 12900 at 3% compounded annually. To repay the loan, equal monthly payments are made over two years, with the first payment due one year af..
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