1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
goldfiish [28.3K]
3 years ago
15

A hospital reports the following cost and revenue data: Variable cost per inpatient day of $250 Revenue per inpatient day of $10

00 Fixed costs of $15 million What is the expected profit at a volume of 25,000 inpatient days?
Business
1 answer:
REY [17]3 years ago
4 0

Answer:

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

Explanation:

The expected profit is calculated as follows:

<em>Step 1</em>

<em>Total contribution per inpatient from 25,000 inpatients</em>

contribution = (revenue - variable cost) per patient

= $(1000-250)

= $750 per inpatient day

<em>Total contribution for 25,000 inpatient days</em>

$750 × 25000 =  $18,750,000.00

<em>Step 2</em>

<em>Calculate Profit </em>

Profit = Total contribution - Fixed cost

         =$18,750,000.00 -$15,000,000

        =  $3,750,000.00

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

You might be interested in
Solve the equation 60%of 45
prohojiy [21]

Explanation:

60%of 45

0.6×45

=27

....................

7 0
2 years ago
Read 2 more answers
In the BCG Growth Share Matrix, the suggested strategy for Stars is to ________.
maksim [4K]

Answer:

C. maintain position and after the market growth slows use the business to provide cash flow

Explanation:

Stars in the BCG Growth Share Matrix refer to the goods that have a big market share and bring more revenue to the company but they also require to invest a lot of money. Because of that, companies try to keep their place as long as possible but when the market slows down, they take the cash flow from the product to increase their profits. According to that, the answer is that in the BCG Growth Share Matrix, the suggested strategy for Stars is to maintain position and after the market growth slows use the business to provide cash flow.

The other options are not right because milk them to finance other businesses and not invest in them and to shift cash flow to other businesses is not a suggested strategy for starts because they can provide a lot of money. Also, invest large sums to gain a good market share is not right as stars are not always able to generate a positive cash flow and you can end up losing a big amount of money.

3 0
3 years ago
Binayak began business by placing rs600000 into a business
gtnhenbr [62]

Answer:

yes he did

Explanation:

4 0
2 years ago
Which diversification strategy is based on the idea that the company creates value by applying the distinctive competencies it d
Murljashka [212]

Answer:

Related diversification

Explanation:

Related diversification

As the name indicate related diversification is related to expansion of  business in the  same  field to which it is currently working. This can be explained by one example. If any corporation are in a business of making computer parts and the very same corporation expand their business by  making related articles like calculator, smart watch etc. These all are come in the related diversification.

4 0
3 years ago
Assume Joe Harry sells his 25 percent interest in Joe's S Corp., Inc., to Tyrone on January 29. Using the daily allocation metho
labwork [276]

Answer:

$68,875

Explanation:

Calculation of how much income does Joe Harry report Using the daily allocation method

Since on January 1 to January 29 a total of $3,467,500 was earned in which we as well assumed that Joe Harry sells his 25% interest in Joe's S Corp., Inc., to Tyrone on that same January 29,This means we have to divide the total amount earned by the numbers of days in a year which is 365 days, then multiply it by both 29days(January 1 to January 29) and the 25% Interest.

Hence,

($3,467,500/365 days) × 29 days × 25%

=$9,500×29 days ×25%

=$68,875

Therefore the amount of income that Joe Harry report will be $68,875

5 0
3 years ago
Other questions:
  • g Our company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000
    13·1 answer
  • The Law of Demand is a rule stating that more will be demanded at lower prices and less at higher prices; inverse relationship b
    6·1 answer
  • Suppose the government passes a law eliminating holidays and, as a result the production of goods and services increases because
    6·1 answer
  • Both the seller’s and buyer’s opening escrow packages have some of the same documents. Which document in the opening package is
    7·1 answer
  • Difference between accounts payable and accounts receivable
    11·1 answer
  • What is the 4P of marketing
    13·1 answer
  • PLS HURRY I AM ON A TIMER! what types of people can you learn from on Twitter?
    10·2 answers
  • Someone want to beat me up for free
    11·1 answer
  • Why aren't all people paid the same amount in factor payments for the resources they provide?
    8·1 answer
  • In a(n) __________ marketing channel, several independent members each attempt to satisfy their own objectives and maximize thei
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!