Cash budget. How would the cash budget in problem 42 change if new credit and collection policies
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Cash budget. How would the cash budget in problem 42 change if new credit and collection policies were implemented such that collections resulted as follows:
a. 40%: current month of patient revenues?
b. 15% 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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Related Book For 
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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