A nursing facility has a gross income of $486,000, fixed expenses of $300,000, and variable expenses of $150,000. what is the approximate percentage of gross profit

Answers

Answer 1
Final answer:

The nursing facility's gross profit is calculated by subtracting fixed and variable expenses from the gross income, resulting in $36,000. The percentage of gross profit is calculated by dividing the profit by the gross income and multiplying by 100, resulting in an approximate profit percentage of 7.41%.

Explanation:

To calculate the percentage of gross profit for the nursing facility, we first need to subtract both fixed and variable expenses from the gross income. The formula for calculating profit is: Profit = Gross Income - (Fixed Expenses + Variable Expenses). Applying this formula, we have: Profit = $486,000 - ($300,000 + $150,000) = $36,000.

Next, to find the percentage profit, we divide the profit by the gross income and multiply by 100. Therefore, the percentage profit is (Profit / Gross Income) * 100 = ($36,000 / $486,000) * 100 = 7.41%. So, the nursing facility's approximate gross profit percentage is 7.41%.

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Related Questions

What kind of business organization requires more money up front, entails shared profits and responsibilities, but protects personal assets through shareholding? Sole proprietorship Partnership Limited liability company Corporation

Answers

The answer is option D "corporation." Corporations are business organizations that require money put into the company before the partner can get a hold of profits, responsibilities within the company, and even personal assets. Think about it this way if someone wants to become a stockholder or a partner in your company would you want money up front to help fund certain things your company needs? Of course! Which is why the answer is option D.

Hope this helps.

Answer: corporation

Explanation: got it right on assignment

When a new business is formed, money is spent on inventory, operational expenses, and marketing. Which term describes these activities?

Answers

The answer would be Working capital. It is the money spent by a business to pay it's day-to-day costs.



I hope it helped you!

The Law of Diminishing Marginal Utility is best shown by which of the following examples? I. Mary is happier after buying her fifth pair of shoes than she was after only four pairs. II. Fat Albert gets sick after eating too many Twinkies™. III. Big Bill loves cheeseburgers but finds that the third burger did less to increase his happiness than the second burger did.

Answers

Answer : III Big Bill loves cheeseburgers but finds that the third burger did less to increase his happiness than the second burger did.

Explanation:

The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines.

As a consumer consumes more and more units of a specific commodity, the utility from the successive units goes on diminishing”.

6. Name three general guidelines companies must keep in mind when tweeting about a new product.


7. Explain why much of social media marketing is trial and error.

Answers

6.
•they must tweet consistently to prevent losing followers in order to maintain the relevancy of other tweets

•they must use at least one relevant hashtag each time they tweet in order to target a certain market segment

•they must share relevant info relanted to the industry and make sure everu tweet isnt just a sales pitch, so the consumers could create a personal connection with the company

7.

• much of social media marketing is trail and error b/c a certain ad may not get peoples attention or might not be targeting the right people the company would want to target

You make $5000.00 a month before taxes. The total percent of taxes being taken out of your check is 22.65%. What is your monthly pay after taxes?

Answers

Your monthly pay after taxes is $3,867.50

The analysis of the behavior of individual decision-making units is the definition of
A) microeconomics.
B) positive economics.
C) macroeconomics.
D) normative economics.

Answers

Answer : A) Microeconomics

Answer:

The answer is microeconomics (option A)

Explanation:

Microeconomics can be simply defined as the branch of economics which studies the behavior of businesses and individuals with respect to how they make decisions based on the availability of scarce or limited resources.

In other words, it is the branch of economics that studies the behavior of individuals & businesses and the decisions they make due to the availability of scarce or limited resources.  

The study analyzes how the behaviors and decisions made affect the supply and demand of goods and services which in turn affects price.

In order to grow, develop, and/or migrate, an insurgency must meet __________.

Answers

all three prerequisites


Which of these statements is true?

A.after submitting an application ro a potential employer you will never get the job

B.after submitting an application to a potential employer you will always get the job.

C.after submitting an application to a potential employer you may never receive a response

D.after submitting an application to a potential employer you will always receive a response

Answers

The answer is C. You may never get a response

Which type of technology in criminal intelligence do you think poses the highest risk of infringing our individual rights? Why?

Answers

I think intelligence is a high risk of civil rights infringement because it requires running informants, wiretapping, trying to keep tabs on everyone, and threatening to charge them with critical offenses if they never turn states evidence.

Answer:

Social network/ internet interaction monitoring systems are the ones that have the highest risks of infringing our rights because if they find something suspicious in a conversation they dig into the software and hardware involved in the conversation to verify if there is a security danger.

Explanation:

First of all, there is a huge debate on this topic. However, is best to prevent that to react. This can be told by anyone in the security business and is right. First of all the social network/internet interaction monitoring systems are able of breaking your firewall, review all you do and dig into your data to understand what is going on and to see if there is a previous behavior related to the action. Also, it understands if it is a misunderstanding, a joke or a real situation. Also, social networks work with the government to guarantee national security so there is no way to avoid this except by not using any type of hardware or to crack them to stop communicating the information to the authorities, however that is a crime. And they are the worst because they can know everything about you and even watch you while you are playing a videogame on your cellphone and you can't know you are being watched.

What options are available to individuals who wish to invest in stocks?

Answers

one could be Exchange-Traded Funds.

another one could be Real Estate & Property

True or false? Social media helps people feel INFORMED by helping them learn new things, stay up to date on topics that matter to them, and discover new ideas and trends.

Answers

True.................

Who decides what goods and services should be produced and how those goods are to be produced in a command economy? individuals business owners tribal leaders government officials

Answers

Answer: Government Officials

Explanation: In a command economy, no individuals, business owners & tribal leaders, but the government decides the goods & services for production to be helpful for the country's economy. The government & its officials take a call on -

i. what goods to be produced,

ii. In how much quantity those goods should be produced

iii. at what amount, it will reach the consumers

All productions are controlled & planned by the government, hence it is also called as planned economy.

Answer:

Government officials

Explanation:

Economists use , or a simplified representation of the real world. A. Technology b. Entrepreneurship c. Tradeoffs d. Economic models

Answers

the answer is is economic models because its a thesis or a more simple representation that would help explain and predict economic behavior in the real world.

!!!!! PLEASE HELP !!!!! In the text box below, enter one of your purchase goals. How much does this cost? You'll need to do some research to answer this question. For example, if your goal is to pay for college, find out what the tuition is for one year. If your goal is to buy a car, look in newspapers and online for prices on the particular car you want. How much money do you currently have saved? How much more do you need to reach your goal? List some steps you can take this year to help you save toward this goal. List some steps you can take next year to save toward this goal.

Answers

My objective is to buy a car and it is a second hand car. It costs 8000 dollars. I make about 700 dollars here in Peru I can save 100 dollars which means that I have to save for 80 months that it is about six years and a half. I haven't saved any single penny. I need to save for six years and a half. I can walk to the language school where I work so I can save some money. I can stop drinking soda that it is money that drains my pocket. I can stop buying many newspapers that also is money out of my pocket.

Final answer:

To save for a car, determine the cost of the car, subtract your current savings, and plan steps to save more. This year, create a budget, automate savings, and reduce unnecessary spending. Next year, find additional income sources, continue cutting back, and learn about wise investing.

Explanation:

One example of a purchase goal could be saving for a car. To determine the cost of the car you want, you can research prices on websites or in newspapers. Start by figuring out how much money you currently have saved towards your goal. Then, subtract that amount from the cost of the car to determine how much more you need to save.

Here are some steps you can take this year to help you save toward your goal:

Create a budget: Track your income and expenses to see where you can cut back and save more.Automate savings: Set up automatic transfers from your paycheck to a savings account.Reduce unnecessary spending: Cut back on non-essential purchases and prioritize your goal.

And here are some steps you can take next year to save toward your goal:

Find additional sources of income: Consider getting a part-time job or finding ways to earn extra money.Continue to cut back: Look for areas where you can further reduce unnecessary expenses.Invest wisely: Learn about different investment options that can help your money grow over time.

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((WRONG SUBJECT IK)
what happens when u get held back?

i have really bad grades and i think imma be held back?

im already advanced for my grade so im not sure what would happen?

im 13 in 9-10th

Answers

oh..u should talk to ur teachers about it...ask them if u could take a test fr each subject and then see the final score..if u passed..u could move on...it also tho depends on your school..if ur homeschooled or u g to public or private school...

Which statement best describes the variety of workplaces commonly found in the Health Science career cluster? A. Workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. B. Workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. C . Workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. D. Workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.

Answers

People who work in Health Science career clusters can expect a career that deals with promoting health to treating diseases. Some examples of professions in this cluster include dietitians, neurologists, and biomedical engineers. With a wide variety of professions that are included in this cluster, the workplaces where these individuals can work are also equally as diverse.

Thus, the best answer for the question is (C) workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices.

What was the purpose of the Florida Minimum Wage Act?

Answers

its purpose was to provide measures appropriate for the implementation of s.24,art

Which of the following long-term effects of alcohol abuse is irreversible? Fatty liver Cirrhosis of the liver Hormonal disruption Which of the following is a 6-point traffic violation? Unlawful speed resulting in a collision Any moving violation resulting in a collision Unlawful speed of 16 mph or more over the posted limit Children with Fetal Alcohol Syndrome: Can be cured with intensive treatment Have life-long disabilities Have a genetic tendency to become alcoholics A young child can safely be left alone in a car for: Under 5 minutes Under 15 minutes No period of time Which of the following is NOT a factor that affects how much alcohol per hour your liver can clear from your blood? Gender Weight Practice What are your chances of becoming involved in an alcohol-related collision at some point in your life? 10% 30% 50% Which of the following does NOT describe a child that should be seated in a rear-facing car seat? Under 22 pounds Under one year of age Under 40 inches The speed limit for a given road is: The recommended driving speed for that area The approximate speed you should maintain to facilitate the flow of traffic The highest speed you should be driving in good driving conditions Your driving skills are not significantly affected by drinking alcohol until your blood alcohol level reaches the legally impaired limit. TRUE FALSE If a warning device is flashing or a crossing gate is lowered at a railroad crossing, you must stop: At least 15 feet from the nearest rail Behind the crossing symbol painted on the road As soon as you see the device flash or the crossing gate come down The highest speed limit on any road in the state of Florida is: 65 mph 70 mph 75 mph If you are a driver under the age of 21 in the state of Florida and have a blood alcohol level of .05: Your license will be suspended for six months You will be required to attend a substance abuse course Both The best way to measure the alcoholic content of a drink is by its volume. TRUE FALSE Depth perception, peripheral vision, color recognition, and night vision are all measurable reduced at what level of blood alcohol? 0.03 0.08 0.10 Another driver has just passed you with excessive speed, almost forcing you onto the shoulder. You should consider that: The person might be in an actual emergency situation You’ll see them at the next red light and can retaliate then You drive like that yourself whenever you’re in a rush It is not necessary to wear a shoulder belt if you are wearing a lap belt that is correctly positioned. TRUE FALSE Fines for speeding are doubled in all of these EXCEPT: A school zone A hospital zone A construction zone Adults seated near an airbag should position themselves no closer than: 5 inches from the airbag 10 inches from the airbag 20 inches from the airbag A driver under the age of 21 will have their license suspended if they are found to be driving with a blood alcohol level of: 0.02 0.05 0.08 An example of a “drinking holiday” is: Memorial Day Thanksgiving New Year’s Eve Drivers are considered legally impaired in all states with a blood alcohol level of: 0.05 0.08 0.1 Which of the following is a reason for which your license may be permanently revoked? Refusal to submit to a DUI test A felony for drug possession Driving without insurance You can be jailed for a first-time DUI offense. TRUE FALSE Hydroplaning occurs when: Your car goes over 70 mph Water builds up on the road There is a great deal of oil or dust on the road Driving is a right protected under the “general welfare” clause of the Constitution. TRUE FALSE The fine for a first offense of going 50 mph over the speed limit is: $250 $500 "$1,000 " If you are forced to drive through a large pool of standing water on the road you should: Test your brakes when you get to the other side Drive across as quickly as possible Never drive through standing water If you are involved in a collision in which results in death or serious injury, your blood will be drawn to measure blood alcohol level: If you were at fault in the accident If you are conscious Under any circumstances

Answers

Cirrhosis of the liver


Unlawful speed resulting in a collision


Have life-long disabilities


No period of time


Gender


10%


Under 40 inches


The recommended driving speed for that area


False


Behind the crossing symbol painted on the road


70 mph


Both


I would say false, but I’m not sure for this one


.03


The person might be in an emergency situation


False


A hospital zone


20 inches


.02


New Year’s Eve


.08


A felony for drug possession


True


Water builds up on the road


False


$1,000


Test your breaks when you get to the other side


Under any circumstances


Hope I helped!!

Cirrhosis of the liver is the irreversible long-term effect of alcohol abuse.

The long-term effect of alcohol abuse that is irreversible is cirrhosis of the liver. Cirrhosis is a condition in which healthy liver tissue is replaced by scar tissue, leading to liver dysfunction and other serious health problems.

Cirrhosis of the liver is a late stage of scarring (fibrosis) of the liver caused by long-term liver damage. Common causes include chronic alcohol abuse, viral hepatitis, and fatty liver disease.

In cirrhosis, healthy liver tissue is replaced by scar tissue, which can impair liver function. This can lead to various symptoms, such as jaundice, fatigue, abdominal pain, and fluid retention.

Cirrhosis can progress to liver failure and is a serious medical condition that may require a liver transplant for treatment in severe cases. Lifestyle changes and early detection are key to managing cirrhosis and preventing its progression.

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Document creation is a key business function because:
A.it provides many entry-level job opportunities.
B.it allows documents to be stored, distributed, and analyzed for decision-making.
C.it prevents cyber bullying in the workplace.
D.without documents there could be no government reporting.

Answers

Answer:

B. It allows documents to be stored, distributed, and analyzed for decision-making. -Apex

Explanation:

I just did the test

A candy manufacturer uses 8,280 pounds of sugar in 30 working days. The lead time for sugar is 10 days. Safety stock is 3 days' usage. What is the stock reorder point? ( Hint : First find the daily usage and compute the exact amount of safety stock.)

Answers

Answer :

Stock reorder point is 3588 pounds

Step-by-step explanation :

Stock Reorder Point = ( Lead time × Average daily sales ) + Safety stock

We are given, lead time = 10 days , total sugar consumption is 8280 pounds in 30 days

[tex]\implies Average\thinspace daily\thinspace sales=\frac{Total\thinspace sugar\thinspace consumed}{No.\thinspace of\thinspace days}\\\\\implies Average\thinspace daily\thinspace sales=\frac{8280}{30}=276\thinspace pounds[/tex]

Safety stock = 3 days per usage

[tex]\implies Exact\thinspace amount\thinspace of\thinspace safety\thinspace stock=3\cdot Average\thinspace daily\thinspace sales = 3\cdot 276 = 828\thinspace pounds[/tex]

Now, Reorder point is given by :

[tex]Stock\thinspace Reorder\thinspace Point = ( Lead\thinspace time \cdot Average\thinspace daily\thinspace sales ) + Safety\thinspace stock\\\implies Stock\thinspace Reorder\thinspace Point = 10\cdot 276\thinspace +\thinspace 828 = 3588\thinspace pounds[/tex]

Hence, Stock Reorder Point = 3588 pounds


Which facial expression conveys a positive emotion in most cultures?
A.
a grin
B.
a smile
C.
a smirk
D.
a wink
E.
a frown

Answers

Answer : B Smile

Reason:

Grin : a wide smile

It is usually given when we have some reason behind this happiness.

Smirk: Silly Smile

It doesn't give a positive emotion.

Wink : close and open one eye quickly, typically to indicate that something is a joke.

It is very Informal, which is not accepted as a positive emotion in many cultures.

Frown: It is an expression which conveys Negative emotion .


Answer:

i agree the answer is ... B. smile

Explanation:

Your business plan calls for utilizing a computerized lathe. The lathe costs $12,000. If you borrow the money to buy it, you will pay 6% interest per year on the borrowing. How much will the interest be in the first year?

Answers

The interest that a person would pay at the end of the first year is $720.

What is interest?

Interest is defined as the money payment over the principal sum by a borrower or deposit-taking financial institution to a lender or depositor at a set rate.

It differs from a fee paid by the borrower to the lender or a third party. This amount is charged for the use of lenders property and money.

Computation of Interest:

According to the given information,

Principal(P) = $12,000

Rate(r) = 6%

Time(t) = 1 year

Top compute the amount of interest, put the given values in the formula of Simple interest:

[tex]\text{Simple Interest(S.I.)} = P \times r \times t\\\\\text{S.I.} = \$12,000 \times 6\% \times 1\\\\\text{S.I.} = \$720[/tex]

Therefore, the interest to be in the first year is $720.

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“Susan, let’s not get upset about this. It doesn’t matter if the paper is blue or yellow. Let’s just have Michael decide; it’s part of his job assignment.” Which group role does the statement above reflect?
a. Leadership
b. Social
c. Task
d. Individual

Answers

Answer:

the answer B. social

Explanation:

The answer is option C, task.

What exactly do you mean by "group roles"?

a consistent set of behaviors expected of someone in a particular position within a group

What do you understand by task roles?Task roles are those that aid or hinder a group's ability to achieve its objectives. Social-emotional roles are those that are concerned with establishing and maintaining relationships among members of a group (the focus is on how people feel about being in the group).

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Robert Cassidy wants to deposit the following into his savings account: 28 one-dollar bills, 4 five-dollar bills, 16 quarters, 12 dimes, 40 pennies, a check for $136.50, and a check for $354.22. He wants fifty dollars in cash. What is the total deposit?

Answers

494.32$

20+28+4+1.2+0.4+136.5+354.22=544.32

544.32-50=494.32

Final answer:

The total deposit amount is $494.82.

Explanation:

To calculate the total deposit amount, we need to add up the value of each item that Robert wants to deposit:




 28 one-dollar bills = $28
 4 five-dollar bills = $20
 16 quarters = $4
 12 dimes = $1.20
 40 pennies = $0.40
 A check for $136.50
 A check for $354.22
 Cash withdrawal of $50



To find the total deposit, we add up all the amounts:



$28 + $20 + $4 + $1.20 + $0.40 + $136.50 + $354.22 - $50 = $494.82



Therefore, the total deposit amount is $494.82.

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list some topics you can brainstorm to help with a topic for your personal essay.

Answers

My background, my family, my friends, my wife, my mother, my father, my work, my pet, my hobbies, the sports that I like, my relatives, my goals in life, my fears, my love, my experiences, the food that I like, things that I like, things that I hate, my enemies, my dreams, my daughter, etc

Answer:

Details to help the reader visualize, other sensory details, and details that show my thoughts and feelings

Explanation:

taneeka borrowed 12,000 for a car for 6 years at an APR of 7.25% her monthly payment will be $206.03 true or false

Answers

We have following formula to find the monthly payment

[tex]P= \frac{Ai}{1-(1+i)^{-n} }[/tex]

where P= monthly payment

          i= rate per period

          n= number of periods

          A= amount of Loan

In the given problem we have

A=12000

n= number of years  × 12 = 6×12= 72

Rate of interest =7.25%

[tex]i=\frac{rate of interest}{12}[/tex]=[tex]\frac{0.0725}{12}[/tex]

i=0.006042

now we plug the values of i , n and A in the formula

[tex]P=\frac{120000(0.006042)}{1-(1+0.006042)^{-72} }[/tex]

[tex]P=\frac{72.504}{1-(1.00602)^{-72} }[/tex]

[tex]P=\frac{72.504}{0.3519}[/tex]

P=$206.03

Hence this is true.

Susan never graduated from high school, but her friend Anita earned a college degree. Because of this, Susan is more likely than Anita to earn a high income live in poverty move to find employment

Answers

Susan is more likely to live in poverty because without a college degree, you are less likely to have a higher paying job
Final answer:

Individuals with higher education tend to have better employment prospects and earn higher incomes.

Explanation:

Based on statistical data, individuals with higher education tend to have better employment prospects and earn higher incomes. In contrast, individuals with lower educational attainment are more likely to live in poverty, earn a lower income, and have difficulty finding employment. Therefore, Susan is more likely to earn a high income than Anita because she did not graduate from high school.

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Your friend just opened their first credit card.What advice would you give them before they start making purchases?

Answers

To get at least one small thing under their own name, and to try not to use it as much or else they will be in debt for some time.

Hope this helps you out!! (:

Since he just opened the first credit card, i will advise him to keep a favorable credit score.

Credit score refers an accumulated score which tells about a person's creditworthiness.

Generally, the higher the credit score of an individual, the higher the rate of repayment of credit gotten.

Credit scoring facilitates decision-making by lenders because its help them decide whether to borrow, extend or deny credit.

Therefore, since he just opened the first credit card, i will advise him to keep a favorable credit score.

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A focus group is selected from

A. the company's target market
B. the general population
C. the competitor's customers
D. the company's employees

Answers

I’m pretty sure the answer is B the general population because a focus group is used to gather people’s opinions, ideas, or beliefs about a certain topic or product. It would be useless to ask any of the others because they would have a biased opinion on the matter.

It A  the company's target market

When a potential customer becomes serious about the purchase and is likely to buy the product, the customer becomes a ___________. A. Sales prospect B. Retained customer C. Cross seller D. Sales quota Please select the best answer from the choices provided A B C D

Answers

When a potential customer becomes serious about the purchase and is likely to buy the product, the customer becomes a A. Sales prospect. A prospect is a potential client or consumer. Since a potential customer is interest in a product but not has purchased it yet, but shows interest in purchasing they are a prospect. A good example of this is is when a sales person sees someone looking at vehicles, they are interested in them and are a prospect when it comes to purchasing the vehicle. The sales person's job, is to make sure the prospect turns into a customer.

Answer:

A: Sales prospect

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