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3 Lineage Hospital predicts variable costs of 50% of total revenue and fixed costs of $49 million per year for the coming yea Requirements 1.
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Lineage Hospital predicts variable costs of 50% of total revenue and fixed costs of $49 million per year for the coming yea Requirements 1. Compute the break-even point expressed in total revenue. 2. Lineage Hospital expects total revenue of $120 million from 200,000 patient days. Compute expected profit ai costs behave as expected, and b if variable costs are 30% greater than predicted. Requirement 1. Compute the break-even point expressed in total revenue Determine the formula and then enter the amounts to calculate the break-even point in total revenue. (Enter dollar amounts in millions and any percentages or ratios in decimal form to two decimal places, xx.) Break-even in total revenue million Requirement 2 Lineage Hospital expects total revenue of $120 million om 200,000 patient days. Compute expected profit a i costs behave as expected, and b if variable costs are 30% greater than predicted if costs behave as expecte f variable costs are 30% greater Begin by determining the ormula o ca ula e et profi loss the calculate how much net pro amounts to the nearest tenth of a million. Use parentheses or a minus sign for net losses.) will be generate a and an pred nerd ilar Net profit (loss)Step by Step Solution
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