What is the volume required to breakeven

Assignment Help Finance Basics
Reference no: EM131872286

Charity Hospital, a not-for-profit, has a maximum capacity of 15,000 discharges per year. Variable patient service costs are $495 per discharge. Variable general and administrative costs are $5 per discharge. Fixed hospital overhead costs are $4,000,000 per year. The current reimbursement rate is $1,000 per discharge. What is the volume required to breakeven?

Reference no: EM131872286

Questions Cloud

What is the effective annual rate : Suppose your credit card issuer states that it charges a 15.00% nominal annual rate, but you must make weekly payments, which amounts to weekly compounding
Futures price reduces margin in long futures position : Recall a one dollar fall in futures price reduces margin in a long futures position by same amount.
What is the volume required to breakeven : Based on the base case scenario, what is the volume required to breakeven?
Make the mortgage payment : Suppose you cannot make the mortgage payment and you are in danger of losing your house to foreclosure.
What is the volume required to breakeven : The current reimbursement rate is $1,000 per discharge. What is the volume required to breakeven?
What are ethnocentrism and cultural relativity : What are ethnocentrism and cultural relativity? How does the ethnographic description of the Nacirema demonstrate one or both of these terms?
Formulate an investigative essay on the role of government : Select and introduce a specific public policy area such as education, national defense, welfare, immigration, employment, monetary policy.
Information on three stocks a : Consider the following information on three stocks A, B and C:
Lessor company recovers the fair value of the vehicles : Compute the annual rent payment needed to ensure that the lessor company recovers the fair value of the vehicles.

Reviews

Write a Review

Finance Basics Questions & Answers

  Evaluate the financial health of a corporation

You are trying to evaluate the financial health of a corporation. You need to make the evaluation quickly, so you have time to look up only three line items on the income statement and/or balance sheet.

  Evaluate the pros and cons of offshore outsourcing

Evaluate the pros and cons of offshore outsourcing for the countries involved. What happens to jobs, resource utilization, knowledge, experience, and expertise of the countries involved with outsourcing? Does society at large benefit?

  Discuss the issues of accounting firms

Discuss the advantages and disadvantages of each decision Gerard has made and could make - Discuss the issues of accounting firms going into the financial services market.

  Why is the other risk variable not relevant

The capital asset pricing model (CAPM) contends that there is systematic and unsystematic risk for an individual security. Which is the relevant risk variable and why is it relevant? Why is the other risk variable not relevant?

  An individual has 15000 invested in a stock with a beta of

an individual has 15000 invested in a stock with a beta of 0.6 and another 45000 invested in a stock with a beta of

  How do we define and measure risks in financial projects

How do we define and measure risks in financial projects. What are examples of uses for sensitivity analysis and what-if scenarios. Any examples from your work experience or research

  Determining the project net present value

All of the net working capital will be recouped at the end of the 5 years. The equipment will have an estimated salvage value of $13,181. The annual operating cash flow is $47,490. The cost of capital is 13 percent. What is the project's net pres..

  What is the probability that the sum of the two rolls

(a) What is the probability that the sum of the two rolls is at most 6 given that the first one is an even number? (b) Are event A and event B independent? Explain.

  What is the net working capital and debt ratio

(Preparing a balance sheet) Prepare a balance sheet from the following information. What is the net working capital and debt ratio?

  The economy is in short run equilibrium

Suppose the economy is in short-run equilibrium at a level of output that exceeds potential output.  - How would the economy self-adjust to return to long-run equilibrium?

  Common stock and preferred stock

What are the differences between common stock and preferred stock? Justify your answer.

  Determine the percentage of the population

Several intelligence tests follow a normal distribution with a mean of 100 and a standard deviation of 15. (A) Determine the percentage of the population that would obtain a score between 95 and 110.

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