Cash budget. How would the cash budget in problem 41 change if new credit and collection policies

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Cash budget. How would the cash budget in problem 41 change if new credit and collection policies were implemented such that collections resulted as follows:

a. 30%: current month of patient revenues?

b. 20% each: past months 1 and 2 of patient revenues?

c. 10% each: past months 3 and 4 of patient revenues?

d. 5% each: past months 5 and 6 of patient revenues?

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Financial Management Of Health Care Organizations

ISBN: 9781118466568

4th Edition

Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas

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