Answered step by step
Verified Expert Solution
Question
1 Approved Answer
days sales outstanding Days Sales Outstanding (or Days of Revenue in Accounts Receivable): Get Out of My Emergency Room Good Samaritan Hospital had the following
days sales outstanding
Days Sales Outstanding (or Days of Revenue in Accounts Receivable): Get Out of My Emergency Room Good Samaritan Hospital had the following data: At period ending September total accounts receivable were at $4,824,000. Their gross patient service revenues were $4,753,000 for period July 1 st through September 30th. Answer the following: 1) What is their "Days Sales Outstanding (Days of Rev. in Patient Accounts Receivable) for three months ending September (rounded to nearest whole number)? 2) Based on your research for hospital days of revenue in receivable, is it a good time for the Director of Revenue Cycle Mgmt. to; 1) Ask for the raise, or 2) Update their resume? Select the two correct answers a. Update the resume b. 56 days c. 93 days d. 1.1 days e. Go for the raise f. 113 days Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started