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PLS ANSWER ALL QUESTIONS!!!! 1. Identify an example of each of the following types of costs for a health services organization: - Fixed cost Variable
PLS ANSWER ALL QUESTIONS!!!!
1. Identify an example of each of the following types of costs for a health services organization: - Fixed cost Variable cost 2. Define the term contribution margin and its relationship to the profitability of a given good or service. 3. What is the difference between accounting breakeven and economic breakeven? 4. Provide an example of each of the following types of financial ratios and briefly explain/interpret the meaning for each: - Profitability ratio - Liquidity ratio - Debt management ratio - Asset management ratio 5. For each of the following questions, identify which of the four categories of financial ratios (see question 4) is best used to answer each one: - Can the organization afford to borrow more money to finance a planned service line expansion? - How efficiently is the organization making use of its existing plant and equipment? - Can the organization effectively meet its short-term obligations? - How effective is the organization at generating a positive return to support its current operations Step by Step Solution
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