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What is the breakeven volume in patient days

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Reference no: EM133117058

Consider the following data: What is the contribution margin?

Fixed costs = $10,000,000.

Variable cost per inpatient day = $400.

Revenue per inpatient day = $1,000.

Oak Memorial clinic had assets of $750,000 and an equity balance of $500,000 at the end of 2018.

At the end of 2019, Oak Memorial had $800,000 in assets and $550,000 in equity. 

What was Oak Memorial clinics growth rate in assets during 2019? (percent)

Please show your calculations

Assume the following data for General Paris Hospital: What is the breakeven volume in patient days? Please show your math to receive credit. Please show your math to receive credit.

Fixed costs = $10,000,000.

Variable cost per inpatient day = $500.

Revenue per inpatient day = $1,200.

Reference no: EM133117058

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