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RCAL-NAB LATEST ACTUAL EXAM WITH CORRECT QUESTIONS AND VERIFIED ANSWERS|100% GUARANTEED TO PASS!|ALREADY GRADED A $9.82   Add to cart

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RCAL-NAB LATEST ACTUAL EXAM WITH CORRECT QUESTIONS AND VERIFIED ANSWERS|100% GUARANTEED TO PASS!|ALREADY GRADED A

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Breakeven Point? - ANSWER-total cost = total revenue Working capital ratio - ANSWER-current assets / current liabilities Acid-test (quick) ratio - ANSWER-(cash + AR + short-term investments) / current liabilities debt to assets ratio - ANSWER-total liabilities/total assets FTE (full time equi...

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  • May 18, 2024
  • 14
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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RCAL-NAB LATEST ACTUAL EXAM 2024-2025 WITH CORRECT
QUESTIONS AND VERIFIED ANSWERS|100% GUARANTEED TO
PASS!|ALREADY GRADED A+




Breakeven Point? - ANSWER-total cost = total revenue


Working capital ratio - ANSWER-current assets / current liabilities


Acid-test (quick) ratio - ANSWER-(cash + AR + short-term
investments) / current liabilities


debt to assets ratio - ANSWER-total liabilities/total assets


FTE (full time equivalent) - ANSWER-total number of hours per
employee in a week / 40 (i.e. 12+14+40+30 div. by 40)


Profit margin - ANSWER-NOI/Tot. Revenue. Defined as "income to
sales. 2 types, gross prof margin and net prof margin)


Net Operating Income (NOI) - ANSWER-Total (gross) Revenue -
operating expenses

, Occupancy rate - ANSWER-(# of resident days/facility beds) x 365


HCS - ANSWER-Hazard Communication Standard. OSHA standard
requiring employers to inform workers of potentially hazardous
chemicals.


Balance sheet formula - ANSWER-Assets = Liabilities + Shareholders
Equity


EBITDA - ANSWER-Earnings before interest, taxes, depreciation, and
amortization


Amortization - ANSWER-the reduction of a loan balance through
payments made over a period of time


revenue cycle management - ANSWER-resident needs->service
planning->staffing->billing/collections->


FICA SS Tax and Medicare Tax - ANSWER-6.2% and 1.45%


4 elements of a valid contract - ANSWER-agreement, consideration,
contractual capacity, legality (in writing) "ACCL"


Liability insurance usually covers.. - ANSWER-Bodily injury and
property damage

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