In 2020, the financial statements of Ultimate Medical Center reported $960,000 in total revenues and $305,000 in net income with consistent increase in patient volume each month. In fact, during your leadership meeting, you were able to report that there were $400,000 in collections and $820,000 in monthly charges for the monthly of August. Calculate the gross collection ratio and the operating ratio for Ultimate Medical Center:
In 2020, the financial statements of Ultimate Medical Center reported $960,000 in total revenues and $305,000 in net income with consistent increase in patient volume each month. In fact, during your leadership meeting, you were able to report that there were $400,000 in collections and $820,000 in monthly charges for the monthly of August. Calculate the gross collection ratio and the operating ratio for Ultimate Medical Center:
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.4: Cicumference And Area Of A Cicle
Problem 46E: A tabletop is semicircular when its three congruent drop-leaves are used. By how much has the tables...
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In 2020, the financial statements of Ultimate Medical Center reported $960,000 in total revenues and $305,000 in net income with consistent increase in patient volume each month. In fact, during your leadership meeting, you were able to report that there were $400,000 in collections and $820,000 in monthly charges for the monthly of August. Calculate the gross collection ratio and the operating ratio for Ultimate Medical Center:
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