What is the break-even point expressed in total revenue

Assignment Help Financial Accounting
Reference no: EM13747340

Southwest Hospital has fixed costs of $100 million per year. Variable costs represent approximately 80% of the total revenue. There are 50,000 patient-days estimated for next year.

Required:

A) What is the break-even point expressed in total revenue?

B) What is the average daily revenue per patient necessary to break even?

Reference no: EM13747340

Questions Cloud

Describe the importance of inventory managemen : Describe the importance of inventory management to the operations of a manufacturing organization Minimum of (3) peer-reviewed articles + textbook
Gain or loss would be recognized on the called bonds : Didde Company issues $10,000,000 face value of bonds at 96 on January 1, 2009. The bonds are dated January 1, 2009, pay interest semiannually at 8% on June 30 and December 31, and mature in 10 years. Straight-line amortization is used for discounts a..
Determined the contribution margin ratio : Young Corporation has determined the contribution margin ratio is 35% and the income tax rate is 40%. Assume break-even volume in dollars is $1,500,000. What are total fixed costs?
Recently experienced growth in the number of employees : Your organization has recently experienced growth in the number of employees on its payroll. In response to this, you are beginning the recruitment process for an additional payroll clerk. You would like to create a job analysis before writing any jo..
What is the break-even point expressed in total revenue : Southwest Hospital has fixed costs of $100 million per year. Variable costs represent approximately 80% of the total revenue. There are 50,000 patient-days estimated for next year. What is the break-even point expressed in total revenue? What is the ..
What is the total cash received on the issue date : Feller Company issues $20,000,000 of 10-year, 9% bonds on March 1, 2010 at 97 plus accrued interest. The bonds are dated January 1, 2010, and pay interest on June 30 and December 31. What is the total cash received on the issue date?
Security equilibrium rate of return : Problem 1: A particular security's default risk premium is 6 percent. For all securities, the inflation risk premium is 3 percent and the real interest rate is 2.5 percent. The security's liquidity risk premium is 1 percent and maturity risk premi..
Assume the cost of inventory purchases : JCPenney Company, Inc., is a major retailer with department stores in 49 states and Puerto Rico. The main part of the company’s business consists of providing merchandise and services to consumers through department stores. In 2010, JCPenney reported..
What is isocephalism : To what historial event in Florence may the subject of Masaccio's The Tribute Money relate? What is isocephalism? Which painting contains isocephalism?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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