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April 20, 2014

Homework Help: Business Finance

Posted by Lola on Saturday, October 13, 2012 at 4:41pm.

If fixed costs are $20,000,000, variable cost per inpatient day are $450, average length of stay is 3.3 days, and volume is 8,000, what revenue per patient day must the hospital make in order to make a profit of $500,000?

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