week 6 answer for operations budget Finance 577

week 6 answer for operations budget Finance 577 Patton-Fuller Community Hospital Statement of Revenue and Expense 2009 to 2010 Operating Budget Health Care Business Analysis Answer Key Note. This answer key is a guide for the two given scenarios. Students may create an alternative solution for which you may have to perform calculations. 2009 (Proj) Revenue Net patient revenue 459,900 Other revenue 3,082 Total revenue 462,982   2009 (Proj) 2010 Budgeted % Change From 2009 Projection Answer for $1 per Hour Raise for Nurses Answer for 4:1 Nurse Ratio 2010 Operating Budget Assumptions Expenses Salaries and benefits 220,752 Supplies 74,584 Physician and professional fees 110,376 Utilities 1,200 Other 1,840 Depreciation & amortization (noncash expenses) 36,036 Interest 3,708 Provision for doubtful accounts 13,797 Total expenses 462,293   2009 (Proj) 2010 Budgeted % Change From 2009 Projection Answer for $1 per Hour Raise for Nurses Answer for 4:1 Nurse Ratio 2010 Operating Budget Assumptions Income 1.013 1.013 Operating income 689 Loss (nonoperating income) Investment income (62) Net income 627