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Galina-37 [17]
2 years ago
9

Let us suppose that a hospital wants to set their fees for an overnight stay such that the contribution margin on a hospital roo

m will be 18%. The cost to the hospital of an overnight stay (staff, physical equipment, and supplies) is $620. What fee should they charge to obtain a contribution margin of 18%?
Business
1 answer:
Rainbow [258]2 years ago
3 0

Answer: $756

Explanation:

Based on the information given in the question, the fee that should be charged to obtain a contribution margin of 18% will be:

Target fee = Variable cost/(1-Contribution Margin)

= $620/(1 - 18%)

= $620/(82%)

= $620/0.82

= $756

They should charge $756

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In the last few decades the car manufacturing sector has found it difficult to compete with foreign car imports. High labor cost
vladimir2022 [97]

Answer: c. It could allow real wages to downwardly adjust more easily.

Explanation:

When there is modest inflation, companies in the car manufacturing industry can simply decide not to increase nominal wages. This would lead to a fall in real wages as inflation would ensure that the nominal wages are less than they were worth before.

This decrease in real wages will allow the companies in the industry to reduce labor costs in real terms and become more competitive with the foreign manufacturers.

3 0
3 years ago
This morning, you purchased a stock that will pay an annual dividend of $1.90 per share next year. You require a 12 percent rate
Luba_88 [7]

Answer:

The correct answer is $2.43.

Explanation:

The annual dividend is $1.90.

The expected rate of return is 12%.

The growth rate is 3.5%.

The current stock price will be

=\frac{dividend}{required rate of return-growth rate}

=\frac{1.90}{12-3.5}

=\frac{1.90}{0.085}

=$22.35

The stock price at year 3 will be

=\frac{dividend*(1-growth rate)^3}{required rate of return-growth rate}

=\frac{1.90*(1+0.035)^3}{12-3.5}

=\frac{1.90*1.10}{0.085}

=$24.78

The capital gain will be

=stock price at year 3-current stock price

=$24.78-$22.35

=$2.43

8 0
2 years ago
Based on the key assumptions of financial reporting, which of the following should be excluded from financial reports? A : items
schepotkina [342]

Answer:

Customer satisfaction and complaint reports should be excluded from financial reports.

Explanation:

Customer satisfaction and complaints report is a marketing report, it determines how the products and services provided by a company meet or exceed customer expectations. Customer expectitions are not the same for each customer, and can't be measured and registered in a financial report.

Financial reports are those comply certain assumptions such as:

Accrual assumption.

Consistency assumption.

Economic entity assumption.

Reliability assumption.

Time period assumption.

Among others.

6 0
3 years ago
Which of the following ratios use de-levered net income?
ivann1987 [24]

Answer:

c. Return on Assets

Explanation:

The net income usually has an impact of interest expense since interest expense is deducted from  earnings before interest and tax in arriving at net income.

Hence, in order to take out the impact interest expense when computing return on assets, an adjusted net income known as de-levered net income is computed using the below formula:

Net Income + (1-t)xInterestExpense

3 0
3 years ago
To get detailed values of project schedule and cost performance, look at _____ and _____.
Olegator [25]

We need to look at the schedule variances and cost variances to get a detailed values of the project schedule and cost performance.

Basically, a project schedule helps to show what to be done, what to utilize and when the project is due.

  • The cost performance does show the financial effectiveness and efficiency of the project.

In conclusion, we definitely need to look at the <u>schedule variances</u> and <u>cost variances</u> to get a detailed values of the project schedule and cost performance.

Read more about schedule variances

<em>brainly.com/question/3521424</em>

8 0
2 years ago
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