What is the break-even point expressed in total revenue

Assignment Help Financial Accounting
Reference no: EM13747340

Southwest Hospital has fixed costs of $100 million per year. Variable costs represent approximately 80% of the total revenue. There are 50,000 patient-days estimated for next year.

Required:

A) What is the break-even point expressed in total revenue?

B) What is the average daily revenue per patient necessary to break even?

Reference no: EM13747340

Questions Cloud

Describe the importance of inventory managemen : Describe the importance of inventory management to the operations of a manufacturing organization Minimum of (3) peer-reviewed articles + textbook
Gain or loss would be recognized on the called bonds : Didde Company issues $10,000,000 face value of bonds at 96 on January 1, 2009. The bonds are dated January 1, 2009, pay interest semiannually at 8% on June 30 and December 31, and mature in 10 years. Straight-line amortization is used for discounts a..
Determined the contribution margin ratio : Young Corporation has determined the contribution margin ratio is 35% and the income tax rate is 40%. Assume break-even volume in dollars is $1,500,000. What are total fixed costs?
Recently experienced growth in the number of employees : Your organization has recently experienced growth in the number of employees on its payroll. In response to this, you are beginning the recruitment process for an additional payroll clerk. You would like to create a job analysis before writing any jo..
What is the break-even point expressed in total revenue : Southwest Hospital has fixed costs of $100 million per year. Variable costs represent approximately 80% of the total revenue. There are 50,000 patient-days estimated for next year. What is the break-even point expressed in total revenue? What is the ..
What is the total cash received on the issue date : Feller Company issues $20,000,000 of 10-year, 9% bonds on March 1, 2010 at 97 plus accrued interest. The bonds are dated January 1, 2010, and pay interest on June 30 and December 31. What is the total cash received on the issue date?
Security equilibrium rate of return : Problem 1: A particular security's default risk premium is 6 percent. For all securities, the inflation risk premium is 3 percent and the real interest rate is 2.5 percent. The security's liquidity risk premium is 1 percent and maturity risk premi..
Assume the cost of inventory purchases : JCPenney Company, Inc., is a major retailer with department stores in 49 states and Puerto Rico. The main part of the company’s business consists of providing merchandise and services to consumers through department stores. In 2010, JCPenney reported..
What is isocephalism : To what historial event in Florence may the subject of Masaccio's The Tribute Money relate? What is isocephalism? Which painting contains isocephalism?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare a retained earnings statement for fiscal year ended

Bancroft Corporation, a manufacturer of industrial pumps, reports the following results for the year ending January 31, 2010.

  Questioni current company cash flowa you require to

questioni current company cash flowa you require to complete a cash flow statement for the company using the direct

  Show the enforceable security agreement

When a debtor fails to pay a debt, and the value of the collateral is less than the full amount of the debt, which of the following is generally true - distinction between secured and unsecured credit

  Problem 1financial accounting standards board fasb and

problem 1financial accounting standards board fasb and international accounting standards board iasb have adopted the

  Probability of auditassess the probability of an audit in

probability of auditassess the probability of an audit in each of the following independent situationsas a result of a

  How can analysis tools help the finance or accounting arms

Do the tools help only in certain situations such as routine, daily or rather mundane decisions, like cost controls, quality controls or staffing questions (in term of number of people needed)?

  1lets take that we also produce the plastic bottles for

1.lets take that we also produce the plastic bottles for containing the water. would the production of plastic bottles

  Identify the major factors influencing world affairs

Different industries must be included that may relate : Food industry, banking, telecommunication. mining to support the ideas in your report.

  What qualitative factors should ski pro corporation consider

What qualitative factors (that is, issues with vendors, customers, or within the product itself) should the Ski Pro Corporation consider in determining whether they should make or buy the bindings?

  Prepare the stockholders’ equity section of balance sheet

Prepare the stockholders’ equity section of the balance sheet immediately after these transactions have been recognized.

  Prepare journal entries required to record payment

Prepare the general journal entries required to record the acquisition and payment in each of the independent cases above. Round to the nearest dollar.

  Construct from the data and prepare t accounts

Tom and Jerry equally contributed US$ 1,000,000 as their share of capital in the business on 1/1/2012. They decided to keep the capital in the Company's bank account.

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