Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Local Hospital (LH) has decided that it would like to send nurses to a local supermarket to provide a free health screening for interested supermarket customers. The screening will consist of measuring the individual's blood pressure and taking a drop of blood, which will be immediately tested for several critical indicators. The director of public relations at the hospital believes that 100 people will take advantage of the screening each day. The plan is to provide the screening every day for one week; thus, a total of 700 screenings are expected. LH expects the supermarket to provide a $1,000 grant to help defray the costs of the program (since it will likely draw more customers to the store). LH anticipates the following expenses:

Test Equipment Rental $500 For 1 week

Nurses $50/hr Total of 10 hrs/day for 7 days

Blood tests $1 Per individual tested

Determine the special purpose budget for the program. Show revenues and expenses by line item, and show the expected profit or loss. If there is an expected loss, should LH necessarily abandon the project, or are there other factors that must be considered?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M939766

Have any Question? 


Related Questions in Basic Finance

Essay questionsmust include references1 the time value of

Essay questions,must include references 1. THE TIME VALUE OF MONEY Some financial advisors recommend you increase the amount of federal income taxes withheld from your paycheck each month so that you will get a larger re ...

Createnbspa 700- to 1050-word paper or 16- to 24-slide

Create  a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice. Explain  the differences between the following: Job Costing Process Costing Standard Costing Direct Costing Throughput C ...

Financial crisis discussion postwhat were some of the

Financial Crisis Discussion Post What were some of the credit risks that arose from the 2008 financial crisis? How were banks affected by the credit risks? How were individuals and businesses affected by the credit risks ...

What is the relationship between net exports and aggregate

What is the relationship between net exports and aggregate demand, and between net exports and capital flows? If net exports increase, ceteris paribus, what happens to real GDP? If the domestic price level increases, cet ...

Suppose that the government increases its tax rate on

Suppose that the government increases its tax rate on interest earned Afterward, savings increase. Which effect dominates, the income effect or the substitution effect? Explain.

Explain the relationship between the supply of dollars in

Explain the relationship between the supply of dollars in the foreign exchange market and debit items in the balance of payments. Do the same for the demand for dollars in the foreign exchange market and credit items in ...

Discuss and analyze a financial caseplease discuss and

Discuss and Analyze a Financial Case Please, Discuss and analyze the following topic ( Be sure to state an opinion and defend your stance: 3 pages. -Libertarians have long taken an issue with pharmaceutical companies and ...

Use graphical analysis to show that if y and m both

Use graphical analysis to show that if Y and M both increase, the interest rate may increase, decrease, or stay the same. In each case, what happens to the equilibrium quantity demanded and supplied?

Define a data management planprovide an example of good

Define a data management plan? Provide an example of good data and an example of bad data. Explain the following: Other than collecting primary data where might you search for secondary data?

The text web site has links to several sites with

The text Web site has links to several sites with information about stored-value cards. Some are maintained by card issuers, others by government agencies or consumer advocates. After visiting some of these sites, discus ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate