Acct 267 CH 7 Homework

# Acct 267 CH 7 Homework - 0/24 Year \$8,333 12 They would...

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PROBLEM 7-29 Millbridge Hospital Receivables Aging Schedule Payer 1–30 Days 31–60 Days 61–90 Days >90 Days By Total Dollars \$2,500,000.00 \$1,000,000.00 \$1,500,000.00 \$- \$900,000.00 \$900,000.00 \$900,000.00 \$300,000.00 Insurance \$2,000,000.00 \$2,000,000.00 \$- \$- Self-Pay \$500,000.00 \$500,000.00 \$500,000.00 \$500,000.00 \$5,900,000.00 \$4,400,000.00 \$2,900,000.00 \$800,000.00 By Percent 50% 20% 30% 0% 30% 30% 30% 10% Insurance 50% 50% 0% 0% Self-Pay 25% 25% 25% 25% 38.75% 31.25% 21.25% 8.75% Medicare Medicaid Total Medicare Medicaid Total

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Total \$5,000,000.00 \$3,000,000.00 \$4,000,000.00 \$2,000,000.00 ### 100% 100% 100% 100% 100%
PROBLEM 7-31 Interest at 6% A B C D 6% x C x B Pay 1 1/24 Year \$3,333,333 8333.33 Pay 2

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Unformatted text preview: 0/24 Year \$8,333 12 They would \$100,000 Yes, shift p TIME VALUE OF MONEY APPROACH TO SOLUTION Current Situation: Proposed Approach Current Payroll Cost in PV terms: \$0.00 Proposed Payroll Cost in PV terms: \$0.00 Financial Benefit of Change \$0.00 Each Month Length of Deferral (in years) Amount Deferred ld save \$100000.00 in cash alone. payroll to Monthly. PROBLEM 7-33 C = Carrying Cost Interest Cost Other carrying cost C = Carrying cost per unit O = Ordering Cost N = Cans purchased per year where Q* is the optimal amount to order at one time. Q* = N/Q = CC = OC = TC = CC = OC = TC = Q ON C * = 2...
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## This note was uploaded on 02/14/2011 for the course ACCT 267 taught by Professor Psomostithis during the Spring '11 term at Bergen Community College.

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Acct 267 CH 7 Homework - 0/24 Year \$8,333 12 They would...

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