1 Lincoln Medical Clinic Writes $4,000 in checks Generally, those checks take four days to clear Each day the clinic typically received $2,000 in checks, which take three days to clear What is the clinic's float Show me all of your work for full credit not just the answers 2 2 Express Drugs RX operates a Mail order pharmaceutical business in New Jersey the firm receives an average of $325,000 in payments per day on average it takes 4 days from the time customers mail their checks until the firm receives them The company is considering establishing a lock box system, in which customers payments would be sent to nearby banks local in terms of the purchasers instead of directly to New Jersey banks in the lock box locations would then wire the daily receipts to a single (concentration) bank The lock box system which would consist of 10 local depository banks and a concentration bank would cost Express Drugs RX a total of $8,500 per month under the system customers' checks would be received at the tent lock box locations one day after they are mailed and the daily total from each of the 10 lockboxes locations would be wired to the concentration bank at a cost of $11 75 per transfer Assume the firm could earn 10 on short term investments further assume 260 working days and hence 260 transfer from each lock box location per year a What is the total annual cost of operating the lockbox system Show me all of your work for full credit not just the answers b What is the dollar benefit of the system to Express Drugs RX Show me all of your work for full credit not just the answers c Should the firm initiate the lockbox system Show me all of your work for full credit not just the answers 3 Lower Eastside Medical Group a multi specialty group practice has the following financial data in operational metrics Number of Physicians 7 Total Revenue $2,955,480 Total Operating Costs $1,966,785 Total Procedures per physicians 14,212 Patient per physicians2,1222 Visits per physicians 6,333 a What is the group's revenue per physician Show me all of your work for full credit not just the answers b What is the group's operating cost per physicians Show me all of your work for full credit not just the answers c What is the group's total operating profit Show me all of your work for full credit not just the answers d What is the group's profit per physician per patient per visit per procedure Show me all of your work for full credit not just the answers Assume the group plans to invest $60,000 of his profits in the practice by buying a new EKG (electrocardiogram) machine Also assume that the remainder of the profits will be distributed equally to the group's physicians as salary what compensation will each physician receive Show me all of your work for full credit not just the answers

Question

1 Lincoln Medical Clinic Writes $4,000 in checks  Generally, those checks take four days to clear  Each day the clinic typically received  $2,000 in checks, which take three days to clear  What is the clinic's float  Show me all of your work for full credit not just the answers  2 2  Express Drugs RX operates a Mail order pharmaceutical business in New Jersey the firm receives an average of $325,000 in payments per day on average it takes 4 days from the time customers mail their checks until the firm receives them  The company is considering establishing a lock box system, in which customers payments would be sent to nearby banks local in terms of the purchasers instead of directly to New Jersey banks in the lock box locations would then wire the daily receipts to a single (concentration) bank  The lock box system which would consist of 10 local depository banks and a concentration bank would cost Express Drugs RX a total of $8,500 per month under the system customers' checks would be received at the tent lock box locations one day after they are mailed and the daily total from each of the 10 lockboxes locations would be wired to the concentration bank at a cost of $11 75 per transfer Assume the firm could earn 10  on short term investments further assume 260 working days and hence 260 transfer from each lock box location per year  a What is the total annual cost of operating the lockbox system  Show me all of your work for full credit not just the answers  b What is the dollar benefit of the system to Express Drugs RX  Show me all of your work for full credit not just the answers  c Should the firm initiate the lockbox system  Show me all of your work for full credit not just the answers  3 Lower Eastside Medical Group a multi specialty group practice has the following financial data in operational metrics  Number of Physicians 7 Total Revenue $2,955,480 Total Operating Costs $1,966,785 Total Procedures per physicians 14,212 Patient per physicians2,1222 Visits per physicians 6,333 a What is the group's revenue per physician  Show me all of your work for full credit not just the answers b What is the group's operating cost per physicians  Show me all of your work for full credit not just the answers c What is the group's total operating profit  Show me all of your work for full credit not just the answers d What is the group's profit per physician  per patient  per visit  per procedure  Show me all of your work for full credit not just the answers Assume the group plans to invest $60,000 of his profits in the practice by buying a new EKG (electrocardiogram) machine  Also assume that the remainder of the profits will be distributed equally to the group's physicians as salary what compensation will each physician receive  Show me all of your work for full credit not just the answers

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1.Lincoln Medical Clinic Writes $4,000 in checks. Generally, those checks take four days to clear. Each day the clinic typically received. $2,000 in checks, which

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