CHP 440 Week 2 Homework
3.3 a. How does this income statement differ from the ones presented in Exhibit 3.1 and
Answer: Because this business is for-profit, the income statement includes taxes as an income
Elizabeth Cabusora (UIN 01065890)
CHP 440 Homework Week 4
Pg. 225 6.2 a. What is the dollar allocation to each patient services department if patient
services revenue is used as the cost driver?
Homework Week 3
4.2 a. What is the accounting identity?
Answer: Accounting identity is the relationship between assets and liabilities, where
total assets = total claims.
b. What is the implication of the accounting identity for
a. When compounding semiannually, the original interest rate must be divided in half.
This changes the interest rate from 8% to 4%. To find the future value, you must use the
formula FVN = PV * (1 + I) N where N is the number of periods, PV is the pre
7.3 a. As a starting point, to find the price of the combined test, you must calculate the cost of
the tools needed. After finding the individuals and adding them together, the price of a
combined test would be $6.90.
b. To reach a contribution margin of
There are two categories of third-party payers: private insurers and public programs.
Private insurers include Blue Cross/Blue Shield, commercial insurers, and self-insurers.
Blue Cross/ Blue Shield is a network of hospitals and physicians that pr
1. Your firm, Nurse International has identified an investment for your hospital. Your boss
is expecting you to complete a comprehensive, analytical, response to this project
(details to follow) . Your firms opportunity cost rate is 12%.
Show your calcula
1. Your firm, Nurse International has identified investments for your hospital in long term,
fixed income bonds. Your boss is expecting you to complete a comprehensive, analytical,
response to this project (details to follow) . Assume your firm sold bonds