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In an effort to reduce costs, a clinic changes the staff mix but keeps the number of staff unchanged. As a result, the staff cost per day is reduced from $2000 to $1750. The new staff takes longer, on average, to serve each patient, and the number of patients visits each day drops from 96 to 84. Measures show no change in the quality of patient care. Problem a. What is the unit cost per visit to start?
Problem b. What is the unit cost per visit after the change?
Problem c. How does the post-change productivity compare with the pre-change productivity, on a unit cost ($ per patient visit) basis?
How much (or less) cash will you have 5 years from now based upon that error if rate to invest funds is 10%? Prepare budget based upon the amount of cash flow
During 2015, its first year of operation, a company recorded depreciation expense of $ 50,000 for book purposes. For tax purposes during 2015, $ 100,000 of depreciation expense was deducted. The temporary difference created during 2015 will reverse e..
Ross has decided that he wants to build enough retirement wealth that, if invested at 7 percent per year, will provide him with $3,000 of monthly income for 30 years. To date, he has saved nothing, but he still has 20 years until he retires. How much..
2 years and 3 months at an interest rate of 6% simple interest. How much will the person have in principal and interest at the end of the period?
A proposal to manufacture 4969 ton/yr of a halogenated organic intermediate is set out below: What would the cash flow be for year 1.
What are the nominal and effective costs of trade credit under the credit terms of 1/10, net 35? Assume a 365-day year. Do not round intermediate calculations.
Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented. Determine the Hulkster receivables turnover
A further R800 000 is needed to finance the expansion. Which option should they use (from ordinary shares, preference shares or loan financing)?
On the first day of the fiscal year, a company issues a $500,000, 8%, 10 year bond that pays semi-annual interest of $20,000 ($500,000 x 8% x 1/2), receiving cash of $530,000. Journalize the entry to record the issuance of the bonds.
Did the Pahler court use the same reasoning as used in Bailey v. Eminem? Should the court's decision in Pahler be different because a young girl was murdered?
Prepare the stockholders' equity section of Delux's balance sheet as of December 31, 2015. Net loss for 2015 was $436,000. (Hint: Use T accounts to keep track of transactions.)
Seven Seas Company manufactures 100 luxury yachts per month. Included in each yacht is a compact media center. Seven Seas manufactures the media center in-house, but is considering the possibility of outsourcing that function, in order to close down ..
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