Maintain total revenue at the budgeted level

Assignment Help Financial Management
Reference no: EM131308831

Operating Budget: Total revenues Total expenses Net Income Statistics Budget: 2012 Inpatient Discharges 65,625. There is no outpatient volume $ 525,000,000 492,000,000 As the Administrator of your Hospital, you have just presented your 2012 hospital budget to your Board of Trustees: Net Income $33,000,000

2 - Thirty days after presenting the budget, you learn that the revenue budget is overstated by $25 million due to significant payment reductions. How many additional discharges would you need to maintain total revenue at the budgeted level?

Reference no: EM131308831

Questions Cloud

Cost of capital to the firm for the preferred stock : Your firm is planning to issue preferred stock. The stock is expected to sell for $98.74 a share and will have a $100 par value on which the firm will pay a 13.1 percent dividend. What is the cost of capital to the firm for the preferred stock?
Four stages of issue maturity : The questions for this section is, how did the industry deal/react to this issue using the four stages of issue maturity (latent, emerging, consolidating, and institutionalized) as described below.
Components of an annual hospital revenue budget : Calculate the following components of an annual Hospital revenue budget:
Calculate the patient volume needed per month : Technologist cost per test Variable cost per test The Center has 1 machine and 1 technologist $ 48 $ 27 As administrative director of the Laboratory you have been asked to see if it is feasible to add more staff to support Laboratory services. Calcul..
Maintain total revenue at the budgeted level : Operating Budget: Total revenues Total expenses Net Income Statistics Budget: 2012 Inpatient Discharges 65,625. Thirty days after presenting the budget, you learn that the revenue budget is overstated by $25 million due to significant payment reducti..
What is the firm sustainable growth rate : Plank’s Plants had net income of $16,000 on sales of $60,000 last year. The firm paid a dividend of $1,600. Total assets were $900,000, of which $450,000 was financed by debt. What is the firm’s sustainable growth rate? What would be the maximum poss..
Maintain without resorting to additional equity issues : An all-equity-financed firm plans to grow at an annual rate of at least 27%. Its return on equity is 42%. What is the maximum possible dividend payout rate the firm can maintain without resorting to additional equity issues?
Alternative substantive procedure : Assume you are working on a 12/31 year-end audit. It is now March 31 and the 12/31 accounts receivable aging shows a large receivable that was outstanding on 12/31 for 120 days. Further, the entity's receivables are typically collected in less than 4..
What is difference between planning and strategic thinking : How economic conditions affect goods and services which raise the prices in the foreign market. Explain the difference between the simple and compounding methods to calculate interest. What is the difference between planning and strategic thinking?

Reviews

Write a Review

Financial Management Questions & Answers

  What was the annual increase in selling price

In January 2007, the average price of an asset was $28,658. 7 years earlier, the average price was $20,808. What was the annual increase in selling price? In percentage form

  Preferred stock is riskier to investors than debt

Jana's preferred stock is riskier to investors than debt, yet the preferred stock's yield to investors is lower than the yield to maturity on the debt. Does this suggest that you have made a mistake?

  After-tax basis to make this retirement plan contribution

Alfonso Venegas is an operations manager for a large manufacturer. He earned $68,500 in 2015 and plans to contribute the maximum allowed to the firm's 401K plan. Assuming that Alfonso is in the 25% tax bracket, calculate his taxable income and the am..

  Experiencing rapid grow-dividends are expected to grow

Momsen Corp. is experiencing rapid growth. Dividends are expected to grow at 26 percent per year during the next three years, 16 percent over the following year, and then 9 percent per year indefinitely. The required return on this stock is 11 percen..

  Make semiannual payments and are priced at par value

Both Bond Sam and Bond Dave have 7 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has five years to maturity, whereas Bond Dave has 20 years to maturity. If interest rates suddenly rise by 2 percent, what is the perc..

  Calculate domestic consumers gain from removing the tariff

Calculate the domestic consumers' gain from removing the tariff.- Calculate The domestic producers' loss from removing the tariff.

  Fixed cost sources of financing include debt-common stock

Fixed cost sources of financing include both debt and common stock. Financial risk is the basic risk inherent in the operations of a firm. It can be viewed as the volatility of a firm’s EBIT. What is the cost of capital at Marquez’ optimal capital st..

  Compute expected share price-using perpetual growth method

Suppose the dividends for the Seger Corporation over the past six years were $1.19, $1.27, $1.36, $1.44, $1.54, and $1.59, respectively. Compute the expected share price at the end of 2014 using the perpetual growth method. Assume the market risk pre..

  Value bonds outstanding-current price of the bonds

Exodus Limousine Company has $1,000 par value bonds outstanding at 17 percent interest. The bonds will mature in 40 years. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calcula..

  Many countries take major terminology

Many countries take major terminology such as ICD and customize it to suit their local needs. Discuss the costs and benefits of this approach from an individual country'

  Expand your business by building a new manufacturing plant

You’re trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $11.8 million, which will be depreciated straight-line to zero over its four-year life.

  Estimates the variable costs of producing one unit

Pandecker, Inc., estimates the variable costs of producing one unit to be $11.26. The company plans to produce 26,500 units. The fixed costs the company expects to incur are $82,770. What is Pandecker's break-even selling price?

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