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NAB RCAL Exam Questions and Answers 2024/2025 $11.49   Add to cart

Exam (elaborations)

NAB RCAL Exam Questions and Answers 2024/2025

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  • NAB
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  • NAB

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

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  • October 11, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NAB
  • NAB
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2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!


NAB RCAL Exam Questions and Answers
2024/2025
Breakeven Point?

 total cost = total revenue


Working capital ratio

 current assets / current liabilities


Acid-test (quick) ratio

 (cash + AR + short-term investments) / current liabilities


debt to assets ratio

 total liabilities/total assets


FTE (full time equivalent)


 total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40)


Profit margin

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


Net Operating Income (NOI)

 Total (gross) Revenue - operating expenses


Occupancy rate



1|Page| GradeA+ | 2 0 0 2 5

, 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel!

 (# of resident days/facility beds) x 365


HCS


 Hazard Communication Standard. OSHA standard requiring employers to inform
workers of potentially hazardous chemicals.


Balance sheet formula

 Assets = Liabilities + Shareholders Equity


EBITDA

 Earnings before interest, taxes, depreciation, and amortization


Amortization


 the reduction of a loan balance through payments made over a period of time


revenue cycle management

 resident needs->service planning->staffing->billing/collections->


FICA SS Tax and Medicare Tax

 6.2% and 1.45%


4 elements of a valid contract


 agreement, consideration, contractual capacity, legality (in writing) "ACCL"


Liability insurance usually covers..




1|Page| GradeA+ | 2 0 0 2 5

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