Which of the following strategies would likely have a beneficial impact on the clinics cash balance...

Which of the following strategies would likely have a beneficial impact on the clinics cash balance needed for working capital?

A) Increasing Patient days in AR from 35 to 37

B) Decreasing days in Accounts payable from 45 to 40

C) Increasing inventory turnover from 10 to 12

D) Decreasing the Total debt to asset ratio from 50% to 48%

Solutions

Expert Solution

Increase in cash balance can be done by decreasing inventory, increasing account payable and decreasing account receivables.
Option c. Increasing inventory turnover from 10 to 12 This is because it reduces average inventory.

jeff jeffy answered 2 years ago

Next > < Previous

Related Solutions

Which of the following is likely to reduce the impact of a monopsony? a. Absence of...

Which of the following is likely to reduce the impact of a monopsony? a. Absence of competing firms b. Higher search costs c. An increased ability of workers to relocate elsewhere d. Higher movement and information costs

What "line-items" on a predators "balance sheet" would impact its foraging strategies?

Which of the following actions are most likely to directly increase cash as shown on a firm’s balance sheet?

BALANCE SHEETWhich of the following actions are most likely to directly increase cash as shown on a firm’s balance sheet? Select the appropriate assumptions that underlie your answer.It issues $6 million of new common stock.It buys new plant and equipment at a cost of $3 million.It reports a large loss for the year.It increases the dividends paid on its common stock.Statements (b) and (d) will increase the amount of cash on a company's balance sheet. Statement (a) will decrease cash...

Which of the following would tend to have a contractionary impact on the level of macroeconomic...

Which of the following would tend to have a contractionary impact on the level of macroeconomic activity? a) decrease in taxes b) a rise in the interest rate c) an increase in government spending d) an increase in business spending e) an increase in the money supply 59. In which of the following cases would all of the policies be beneficial to an economy in a recession? a) increase the money supply; decrease taxes; decrease government spending. b) increase the...

Which of the following operating activities have a positive cash flow impact for a company? a....

Which of the following operating activities have a positive cash flow impact for a company? a. Increase in accounts receivable b. Decrease in accounts receivable c. Increase in inventories d. Decrease in accounts payable

Consider the following substances: alcohol, penicillin and rifamycin. Which of these substances would likely have the...

Consider the following substances: alcohol, penicillin and rifamycin. Which of these substances would likely have the broadest spectrum of activity against microbes? Why? Identify one downside associated with this substance and its broad-spectrum activity.

Which ONE of the following loans would most likely have the lowest initial interest rate?

Which ONE of the following loans would most likely have the lowest initial interest rate?a traditional adjustable-rate loan which allows the lender to change the interest rate at the end of every year,a 30-year fixed rate loana 3/27 hybrid adjustable-rate loan that locks the interest rate for the first 3 years and then allows the lender to change the interest rate at the end of every year for the next 27 years.a 10/20 hybrid adjustable-rate loan that locks the interest...

Which of the following transactions would have an immediate positive impact on ROE and ROIC (make...

Which of the following transactions would have an immediate positive impact on ROE and ROIC (make them go up), ignoring depreciation, interest expense, and taxes? a. The company purchases machinery using trade credit for $20,000. b. The company collects $30,000 from customers on accounts receivable c. The company pays off bank-notes payable for $10,000 by rolling short-term debt into long-term debt of 5-year bonds at the same interest rate. d. The company sells common stock for $30,000. e. None of...

1. Given that comparative advantage is a dynamic concept, which is likely to have greater impact...

1. Given that comparative advantage is a dynamic concept, which is likely to have greater impact on wages: technical change or trade? Why? 2. We should see worldwide convergence of prices and rents. Why don’t we? 3.Ashland is considering whether to engage in international trade in rice and furniture. The world price of rice is lower than Ashland’s “no-trade” price, but its “no-trade” furniture price is lower than the world price. Assume land is specific to rice, capital is used...

Which of the following would be likely to reduce (shift to the left) the demand for...

Which of the following would be likely to reduce (shift to the left) the demand for residential housing? Explain very briefly (a line or two for each item) why your answer is correct and why the remaining answers are not. (a) High prices for residential housing units. (b) High mortgage interest rates, i.e. high cost of credit for purchases of residential housing. (c) High prices for lumber and other construction materials. (d) Low unemployment rates. (e) Low prices for residential...

Subjects