Calculate the total dollar contribution margin dollars and

Calculate the total dollar contribution margin dollars and

healthcare finance management1. Aggressive working capital policy: (Points : 5) May increase the entitys return but it also increases the riskCalls for maintaining high cash balances on handLeads to increased interest costs incurred by having to take on additional debt to meet short-term obligationsAll of the above2. A firm has the following accounts:Net patient revenue = $1500000Supply expense = $200000Depreciation expense = $100000Salaries and benefits = $700000Other expenses = $200000Net accounts receivable = $150000What is the net income for the period (Points : 5)$150000$50000$500000$8500003. A hospital issues $20 million in bonds and $60 million in equity to finance a new project. Its targeted debt to equity ratio is: (Points : 5)50%33%200%300%4. Which of the following statements about accounts receivable and inventory is true (Points : 5)They are both considered current assetsThey are both considered expensesThey are both excluded from current assetsThey are both considered current liabilitiesTotal revenue outpaces total avoidable fixed costs5. The breakeven point occurs where: (Points : 5)Total fixed costs and total revenue intersectRevenue minus variable cost minus fixed cost = 0Total profit margin and total costs intersectTotal variable costs and total revenue intersectTotal revenue outpaces total avoidable fixed costs6. A statement that reports the revenues minus expenses of an entity is called: (Points : 5)Income statementStatement of retained earningsBalance sheetReport of managementStatement of cash flows7. An imaging center has the following information:Revenue per test: $225Variable cost per test: $150Total fixed costs: $225000Estimated number of tests = 3500Calculate the total dollar contribution margin dollars and percentage. (Points : 15)2288758. Your hospital has the following revenue for the months of July-September: July $3000000 August $2500000 September $4000000. If 30% of the months revenue is collected in the same month 40% is collected in the second month and 30% is collected in the third month how much of Julys revenue is collected in August (Points : 15)9. Accounts receivables can constitute more than 50% of a healthcare organizations current assets. Managing accounts receivables is critical to the cash flow of the organization. If you were a billing manager what should you consider when implementing credit and collection policies (Points : 20)