User Account

All Pages

What level of revenue is needed to earn

Assignment Help Accounting Basics
Reference no: EM13513467

Cedars Hospital has average revenue of $180 per patient day. Variable costs are $45 per patient day; fixed costs total $4,320,000 per year.

a. How many patient days does the hospital need to break even?

b. What level of revenue is needed to earn a target income of $540,000?

c. If variable costs drop to $36 per patient day, what increase in fixed costs can be tolerated without changing the break-even point as determined in part (a)?

Reference no: EM13513467

Questions Cloud

What is the fractional length increase of the cable : a steel cable of diameter 3.0 cm supports a load of 2.0kN. what is the fractional length increase of the cable compared with the length when there is no load if Y=2.0 x 10^11 Pa
Role of the environment and role of culture : Compare and contrast subsistence strategies of the Wakhi and the Kirghiz. The Role of the Environment: The Role of Culture:
Define how many moles of lead are in the sample : Modern instrumental techniques are capable of detecting lead in a milliliter sample at picomolar concentration. How many moles of lead are in the sample
What is forgone when decisions are made : What is forgone when decisions are made?
What level of revenue is needed to earn : How many patient days does the hospital need to break even and what level of revenue is needed to earn a target income of $540,000?
Difference between islamic-italian late gothic narrative art : Discuss the similarities and differences between Islamic and Italian Late Gothic narrative art. Compare and contrast two works of your choice from these two cultures.
Define a typical automobile gets 30 miles per gallon of gas : A typical automobile gets 30 miles per gallon of gas and drives 12,000 miles every year. Assuming that octane (C8H18, density 0.7025 g cm-3) is a principal component of gasoline
Find the heat that is withdrawn from some lower temperature : A heat pump uses 100 J of work to output 150 J of heat at some temperature. What is the heat that is withdrawn from some lower temperature
A monopolistic competitive industry : 1) Explain why it is sometimes said that, in the long run, a monopolistic competitive industry has too many firms producing too many products.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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