Sandy Crane Hospital expanded its maternity ward to add patient rooms for extended hospital stays. They negotiated
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- Sandy Crane Hospital expanded its maternity ward to add patient rooms for extended hospital stays. They negotiated a 15-year loan with monthly payments and a large sum of $250,000 due at the end of the loan. How much will Sandy Crane Hospital have to invest today to meet the $250,000 payment in 10 years, assuming cash could be invested at 6% interest?
Period 1% 2% 4% 6% 5 0.951 0.906 0.822 0.747 6 0.942 0.888 0.790 0.705 7 0.933 0.871 0.760 0.665 8 0.923 0.853 0.731 0.627 9 0.914 0.837 0.703 0.592 10 0.905 0.820 0.676 0.558 - Gimmy Hingugh is a finance manager at Rustling Leaves Assisted Living Facility. One of the patients that was living there suddenly passed away. The family gave the facility a check for $500,000 for providing such great care for their loved one. Gimmy is now looking for investment options that will be safe, yet fluid enough that the facility could access funds without excessive fees if they are needed earlier than expected. Which of the following is not a good option based on the facility's needs?
- Dr. Jonah and Dr. Kelsey run a community healthcare center. With the community suffering economically, they are researching opening another community center that is 30 minutes away from the existing center. They found land for $500,000 in a community that is largely populated and in need of services that their health center offers. Since this is a large asset purchase, which commercial loan is the better option?
- Layton Chiropractic Center is researching various investment funds. When investing there are three important rules. Which of the following is not one of the rules of investment funds?
- Dr. Gregory has a physical therapy practice. Her practice is doing well financially and continues to grow because of so many patient referrals. Dr. Gregory is planning on purchasing two more rehab power mat therapy tables. She is meeting with her local bank for options to fund the purchase. The local bank will offer which type of loan to Dr. Gregory?
- Johnson Cardiac Center is a for-profit center looking to acquire another community medical center that is struggling financially. Johnson Cardiac Center will finance the expansion with which type of option if they do not want to show debt on the balance sheet?
- Dr. Henry has a dental practice in Florida. During the summer months, his patients are up north in their second place of residence. As a result, the practice experiences a negative cash flow during June, July, and August. Dr. Henry needs a loan for approximately 90 days. The local bank will offer which type of loan to Dr. Henry?
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