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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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9 years ago
(Assessment of a hospital's accounts receivable collection efficiency)

Assess Plains Regional Hospital's accounts receivable collection efficiency based on the following set of facts:
      a.   Days' revenue in patient accounts receivable at December 31, 2012, for Plains Regional Hospital - 76 days
      b.   Extracts from Plains Regional Hospital's calendar year 2013 financial statements:
            Net patient accounts receivable, $16.4 million
            Net patient service revenue, $75 million
      c.   Days' revenue in patient accounts receivable at December 31, 2013 for hospitals of comparable size - 65 days
 
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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9 years ago
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goji.go Author
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#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
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#3
9 years ago
You're very welcome!
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