Construct a simple P L statement like the one shown in exhibit 5 5 and discuss its elements Exhibit 5 5 Total revenues ($100 75,000) $7,500,000 Total variable costs ($28 18 x 75,000) 2,113,500 Total contribution margin ($71 82 x 75,000) $5,386,500 Fixed costs 4,967,462 Profit $419,038...

Item Amount Total Revenue 7500000Total Variable Costs 2113500Total Contribution Margin 5386500Fixed ...

Construct a simple P&L statement like the one shown in exhibit 5.5 and discuss its elements. Exhibit

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Construct a simple P&L statement like the one shown in exhibit 5.5 and discuss its elements.

Exhibit 5.5 image text in transcribed

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Gapenski's Healthcare Finance An Introduction To Accounting And Financial Management

ISBN: 9781640551862

7th Edition

Authors: Kristin L. Reiter, Paula H. Song

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Question Posted: Mar 09, 2024 11:01 AM

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Construct a simple P&L statement like the one shown in exhibit 5.5 and discuss its elements. Exhibit

Question:

Total revenues ($100 75,000) $7,500,000 Total variable costs ($28.18 x 75,000) 2,113,500 Total contribution margin ($71.82 x 75,000) $5,386,500 Fixed costs 4,967,462 Profit $419,038

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Item Amount Total Revenue 7500000Total Variable Costs 2113500Total Contribution Margin 5386500Fixed ...View the full answer

Gapenski's Healthcare Finance An Introduction To Accounting And Financial Management

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