Improve performance on this critical operational metric

Assignment Help Financial Management
Reference no: EM131314958

Your job as Administrator of Alpine Surgery Center just keeps getting more interesting. After addressing some of the issues with contracting and cost finding, you start to look at operations. What you find is disappointing. The industry average for days in receivables for surgery centers is 52 days. The days in receivables at Alpine currently sit at 76.

1) How you would determine the cause of this unfavorable finding? 2) What actions you would take to improve performance on this critical operational metric?

Reference no: EM131314958

Questions Cloud

Discuss about patient protection and affordable care act : Identify a specific title and pertinent sub-titles from the Patient Protection and Affordable Care Act that you will use in your health policy paper ( domestic Violence) or communication with your legislator.
Show that the final pressure of the mixture is p : There are n1 moles of an ideal monatomic gas at temperature T1 and pressure P in one compartment of an insulated container.
Evaluate proposals from identified vendors : At times, a project manager must evaluate proposals from identified vendors and make decisions based on the project budget and schedule. It is essential to determine how the organization will determine the best response to the proposal's individua..
Calculate the required seating area : Calculate the required seating area. (Round the final answer to 1 decimal place.)
Improve performance on this critical operational metric : Your job as Administrator of Alpine Surgery Center just keeps getting more interesting. After addressing some of the issues with contracting and cost finding, you start to look at operations. What you find is disappointing. How you would determine th..
Central driver for a servant leader : The word love is not often used in organizations today. Most leaders have removed love from their work vocabulary, partly due to fear of being missed understood. Love is a central driver for a servant leader. Professor asked post. Need a minimum o..
Calculate the internal energy : A system consists of NA distinguishable, independent particles, each of which is capable of existing in only two non degenerate energy states 0 and ?.
Identify the location of each ucc warranty : Identify the location of each UCC warranty that is referred to in your warranty example, and then explain whether or not it has been modified on your form.
State the general meaning of elasticity : State the general meaning of elasticity as it applies to economics. Define the price elasticity of demand.A storm destroys half the banana crop. Is this event more likely to hurt banana farmers if the demand for bananas is very elastic or very inelas..

Reviews

Write a Review

Financial Management Questions & Answers

  The restraint of trade clause

Mark worked as route manager for United Trucks Pty Ltd in Queensland from 2003-10. A term of his contract was that if he should leave the company, he could not engage in the trucking industry in Queensland for six years. Mark comes to you for advice ..

  What yield to maturity is the bond offering

A 5.30 percent coupon bond with 16 years left to maturity is offered for sale at $945.42. What yield to maturity is the bond offering? (Assume interest payments are semiannual.)

  Maturity on a coupon bond and the rate of return

What is interest-rate risk? Why does a bond with a longer maturity have greater interest-rate risk than a bond with a shorter maturity?

  How can leasing allow a firm to effectively depreciate land

How can leasing allow a firm to effectively "depreciate" land? What effect does leasing have on the stability of a firm's reported earnings?

  Cost of capital as term pertains common shareholders equity

What is meant by the "cost of capital", as the term pertains to common shareholders' equity? We can easily determine the cost of debt, which is the stated rate multiplied by one minus the marginal tax rate; and the cost of preferred stock is usually ..

  Considering preventive maintenance on a machine

Valles Global Industries is considering preventive maintenance on a machine. If they spend $5,000,000 now, they will avoid paying $15,000,000 in two years from now. What rate of return did they earn?

  Consider the hypothetical convertible bond

Consider the following hypothetical convertible bond: Calculate each of the following: Conversion value, Market conversion price, Conversion premium per share, Conversion premium ratio

  Increase firms target debt ratio

Which of the following would tend to increase a firm's target debt ratio, other things held constant?

  Flexible budget cost formula for indirect materials

Muntjac Corporation's flexible budget cost formula for indirect materials, a variable cost, is $0.75 per unit of output. Assume that actual units produced equals standard units produced. If the company's performance report for last month shows a $250..

  Face value zero-coupon bonds

Okazaki Company has $40 million face value zero-coupon bonds due in 9.5 years, and its σ is 0.371. The total market value of Okazaki Company is $230 million and the riskless rate is 2.9%. The stock of the company sells at $32 per share. Find the numb..

  Restricted or relaxed current asset investment policy

Zorn Corporation is deciding whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales are expected to total $3,600,000, its fixed assets turnover ratio equals 4.0, and its debt and common equity are each 50% ..

  How much will this account be worth at that time

For the last 19 years, Mary has been depositing $500 in her savings account , which has earned 5% per year, compounded annually and is expected to continue paying that amount. Mary will make one more $500 deposit one year from today. If Mary closes t..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd