Nab Rcal Exam Latest 2024/2024 With Actual Questions And Correct Verified Answers(Detailed Answers)already Graded A+

NAB RCAL EXAM LATEST 2024/2024 WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS(DETAILED ANSWERS)ALREADY GRADED A+ Breakeven Point? - ANSWER-total cost = total revenue Working capital ratio - ANSWER-current assets / current liabilities Acid-test (quick) ratio - ANSWER-(cash + AR + short-term investments) / current liabilities debt to assets ratio - ANSWER-total liabilities/total assets FTE (full time equivalent) - ANSWER-total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40)Profit margin - ANSWER-NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and net prof margin) Net Operating Income (NOI) - ANSWER-Total (gross) Revenue - operating expenses Occupancy rate - ANSWER-(# of resident days/facility beds) x 365 HCS - ANSWER-Hazard Communication Standard. OSHA standard requiring employers to inform workers of potentially hazardous chemicals. Balance sheet formula - ANSWER-Assets = Liabilities + Shareholders Equity EBITDA - ANSWER-Earnings before interest, taxes, depreciation, and amortization Amortization - ANSWER-the reduction of a loan balance through payments made over a period of time revenue cycle management - ANSWER-resident needs->service planning->staffing->billing/collections-> FICA SS Tax and Medicare Tax - ANSWER-6.2% and 1.45% 4 elements of a valid contract - ANSWER-agreement, consideration, contractual capacity, legality (in writing) "ACCL" Liability insurance usually covers..