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Brut [27]
3 years ago
6

You run a hospital with 100 rooms. Fixed daily cost is $876.00 which includes staff salary, property charges, maintenance etc. V

ariable cost per room is $13.00 which includes cleaning, equipment rentals, utility cost etc. which is incurred only when the room is full. You charge $79.00 per room per day. You sold 32.00 rooms today, how much profit/loss did you earn for today.
Business
1 answer:
maw [93]3 years ago
5 0

Answer:

profit = $1,236

Explanation:

fixed daily costs $876

variable cost per room $13

revenue per room $79

contribution margin per room = $79 - $13 = $66

32 rooms were sold today = $66 x 32 = $2,112

- fixed costs = ($876)

daily profit = $1,236

The contribution margin per unit is the difference between the additional revenue obtained from selling one more unit minus the additional costs of selling that unit.

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Answer:

D) Beta .98 expected return .107

Explanation:

In CAPM (Capital Asset Pricing Model), expected return = risk-free rate + Beta * market risk premium = 3.4% + Beta * 7.4%

We try every choice consecutively

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A is wrong

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Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b
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Answer:

$20,450

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With regard to the above, the adjusted cash balance would be computer as;

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Why did many business owners want very little interference from the government?
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Answer:

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