Solved by verified expert :1. Your firm has $45.0 million invested in accounts receivable, which is
90 days of net revenues. If this value could be reduced to 50 days,
what annual increase in income would your firm realize if the increase
in cash could be invested at 7.5 percent?Use the following information to answer questions 2, 3, and 4:You
have been asked to establish a pricing structure for radiology on a
per-procedure basis. Present budgetary data is presented below:Number of Budgeted Procedures 10,000Budgeted Cost $400,000Desired Profit $ 80,000It
is estimated that Medicare patients comprise 40 percent of total
radiology volume and will pay on average $38.00 per procedure.
Approximately 10 percent of the patients are cost payers. The remaining
charge payers are summarized below:Payer Volume % Discount %Blue Cross204Unity1510Kaiser1010Self-Pay54050%Your supervisor recommends the following method to set the rate per procedure in order t
