Find annual savings for community hospital

Assignment Help Finance Basics
Reference no: EM1344525

Community Hospital has annual net patient revenues of $150 million. At the present time, payments received by the hospital are not deposited for six days on average. The hospital is exploring a lock-box arrangement that promises to cut the six days to one day. If these funds released by the lock-box arrangement can be invested at 8 percent, what will the annual savings be? Assume the bank fee will be $2,000 per month.

Reference no: EM1344525

Reviews

Write a Review

 

Finance Basics Questions & Answers

  Probability that selected person sleeps more than 8 hours

Compute the probability that random selected person sleeps more than 8 hours?

  Describe capital budgeting decision

Describe Capital budgeting decision based on net present value and Should the new machine be purchased

  Determine the horizon value

Determine the horizon value  at 2016 if growth from 2015 remains constant.

  Computation of weighted average cost of capital

Computation of weighted average cost of capital and What is Jake's weighted average cost of capital

  American auto industry

Research on the American Auto Industry, issues relating to survival and current status on product, management, government intervention.

  Describe analysis of the intercompany financials

Describe Analysis of the intercompany financials with liquidity ratios and how the two companies are doing and what they could do to improve themselves

  Calculation of net present value

Calculation of Net Present Value and What is the net present value of a project with the following cash flows and a required return of 12%

  Computation of the effective interest rate on the loan

Computation of the effective interest rate on the loan payable in due and in advance and calculate Interest is deducted in advance

  Computing periodic amounts

Find out the amount of the specific payment needed to pay off the following purchases. Payments are made at the end of the period.

  An effective way for firms to improve the liquidity

ADRs are considered an effective way for firms to improve the liquidity of their stock.

  Computation of value or price of the stock

Computation of value or price of the stock thus the company will maintain that dividend growth

  Describing corporate responsibility

Describe how management today has changed from the past, with respect to corporate responsibility and ethics.

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!

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