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A new cardiac catheterization lab was constructed at Have a Heart Hospital. The investment for the lab was $950,000 in equipment costs and $50,000 in renovation costs. A desired return on investment is 12%. Once the lab was constructed, 7,000 patients were served in the first year and were charged $640 for each procedure. The annual fixed cost for the catheterization lab is $2,000,000 and the variable cost is $329 per procedure. What is the catheterization labs profit? Did this profit meet its desired ROI?
nbspnext year jenkins traders will pay a dividend of 3.00. it expects to increase its dividend by 0.25 in each of the
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Hono Golf is a manufacturer of golf products in Taiwan and China. One of the golf accessories it produces at its plant in Tainan Hsing, Taiwan, is plastic golf tees. The injector molder produces golf tees that are designed to have an average heigh..
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