Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cash Flows from Operating Activities Cash received from patient and third-party payers $ 10,671 Cash received from operating revenue sources 800 Cash received from nonoperating

Cash Flows from Operating Activities

Cash received from patient and third-party payers

$ 10,671

Cash received from operating revenue sources

800

Cash received from nonoperating revenue sources

270

Cash payments to employees

(5,600)

Cash payments to suppliers of goods and services

(4,800)

Net cash flow from operating activities

$ 1,341

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Nurse Triage Salaries $ 523,800 $ 549,990 $ 577,490 $ 606,364 $ 636,682 $ 668,516
Forecasted ER Cost Reductions $ 400,000 $ 800,000 $ 848,000 $ 900,577 $ 955,512 $ 1,013,798
New IT Specialist's Salary $ 150,000 $ 154,500 $ 159,135 $ 163,909 $ 168,826 $ 173,891
Costs of Facility Renovations $ 30,000 $ - $ - $ - $ - $ -
Necessary Capital Equipment Purchases $ 117,000 $ 3,510 $ 3,510 $ 3,510 $ 3,510 $ 3,510
Net Cash Flow: 1,220,800 1,508,000 1,588,135 1,674,360 1,764,530 1,859,715
Present Values of Net Cash Flows:
Net Present Value:
Internal Rate of Return (IRR):
Modified Internal Rate of Return (MIRR):
Payback Period (# years):
Discounted Payback Period (# years):

what would be the present values of net cash flows, net present value, internal rate of return, modified internal rate of return, payback period, and dicounted payback period for year 0-5?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: John J. Wild, Ken W. Shaw

2010 Edition

9789813155497, 73379581, 9813155493, 978-0073379586

More Books

Students also viewed these Accounting questions

Question

4-22. Glen monopolizes every meeting by being (a loudmouth)?

Answered: 1 week ago