How many full-time employees are necessary

Assignment Help Corporate Finance
Reference no: EM13202278

Your team of employees and you are working on a big project for the hospital's chief financial officer (CFO). Together, you will develop a system to justify the full-time employees of the laboratory department. Address the following:

• Decide how many hours during the week the department must be staffed to fully operate.

• Calculate, using one of the FTE formulas to justify, how many full-time employees are necessary.

Assume that the full-time employees will work five 8-hour shifts. The minimum amount of employees per shift is: 1 pathologist, 2 laboratory technologists, and 1 front office person. Combine the information into a PowerPoint slide presentation (2-3 slides) to present to the hospital CFO. Make the slides informational and also visually appealing. For more information on creating PowerPoint Presentations, please visit the PowerPoint Lab.

Focus on the department and begin calculating the number of hours you feel the department needs to operate and how you would figure out how many full-time employees are necessary to achieve that level of operation. After doing so, start identifying costs that the department may incur as a result of normal operation and identify the revenue it is also capable of bring in. Write a brief summary of your findings.

Reference no: EM13202278

Questions Cloud

Find the maximum total area he can enclose : A rancher wants to fence in 3 adjacent rectangular pens in a row. Adjacent pens share one fence, and all pens are of equal size. If the rancher uses 144 yards of fencing, find the maximum total area he can enclose.
What is the maximum total area : A rancher has 256feet of fencing to close two adjacent rectangular corrals.What dimensions will produce the largest total area? What is the maximum total area?
What is the point estimate for the population variance : A bank manager wants to estimate the population variance of the daily deposits into the savings account at the bank. A random sample of 14 deposits had a mean of $350 and a standard deviation of $64. What is the point estimate for the population v..
Calculate the breakeven volume of cases in units : Suppose you want to make $150,000 profit between this period and next period to fund an expansion to the NICU, how many cases would you have to see, and at what payer mix would this be optimal?
How many full-time employees are necessary : Decide how many hours during the week the department must be staffed to fully operate and calculate, using one of the FTE formulas to justify, how many full-time employees are necessary.
Why don''t people rush to the bank and retrieve their money : Does the fact that your bank keeps only a fraction of your account balance in reserve make you uncomfortable Why don't people rush to the bank and retrieve their money What would happen if they did
How the inflation rate would affect the return : Explain your reasoning. Be sure to consider how the inflation rate would affect the return - A leader in your firm has been studying the foreign exchange market for a number of years and believes that she can predict several of the foreign currency..
By how much would v have to fall to offset : a. What is the real value of output (Q) Now assume that the Fed increases the money supply by 10 percent and velocity remains unchanged. b. If the price level remains constant, by how much will real output increase.
Value for the hospitals investors : If interest rates rise over the next year, which bond will lose the most value and explain why the higher rated bond, Salt Lake City Revenue Bond, has a negative yield to maturity (YTM) - Discuss whether this project would add value for the hospital'..

Reviews

Write a Review

Corporate Finance Questions & Answers

  Multiple choice questions on finance

The KPMM Accounting company buy 10 laser toner cartridges for 60 dollar each for a total of 600 dollar on June 1 and recorded buy as an asset.

  Find the value of preferred stock

XYZ Company issued common stock that had a required rate of return of 12 percent, the stocks beta is 1.75, next dividend is expected to be dollar 2.50 & the risk free rate of return is 5 percent.

  What is the after-tax cost of debt

Assuming a $4 dividend paid annually, what is the required return for preferred shareholders (i.e. component cost of preferred stock)?  (assume floatation costs = $0.00)

  Balance sheet under long term liabilities

ACME Corporation fiscal year ends on December 31st. At the end of 1st quarter on March 31, ACME owes $40,000 on a vehicle loan that matures in three (3) years.

  Calculation of ratios

A security analyst computes the given ratios for two banks. Estimate how should the analyst evaluate financial health of the two (2) banks?

  Explain business plan to gain attention of the loan

What components would you include in business plan to gain attention of loan officer at a commercial lending financial institution?

  Describe the amount at which the plant assets will appear

Describe the amount at which the plant assets will appear in a consolidated balance sheet of Paxton Company and Subsidiary prepared immediately after the acquisition

  Find after tax cost of debt and cost of equity

Chatham Craft's capital structure consists of 30 million dollar of debt and 90 million dollar of equity. The Corporations's CFO has provided the following information: interest rate on debt is 8 percent.

  Evaluate the book value per share

Evaluate the book value per share and value of share using dividend discount model - what value would you assign to this stock?

  What are some of the advantages of leasing

What are some of the advantages of leasing and how would you determine if a real-estate investment is profitable or not?

  Calculate the betas of t-bills

Calculate the Betas of T-bills, S&P500 and the four competitors. Which one of these has the highest total risk (explain what total risk means)?

  Type of financing available for quoted and unquoted business

Discuss the various types of financing available for quoted and unquoted businesses and what possible motives might companies have for going private?

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