NAB RCAL Exam Questions and Answers 2024/2025

Breakeven Point?  total cost = total revenue Working capital ratio  current assets / current liabilities Acid-test (quick) ratio  (cash + AR + short-term investments) / current liabilities debt to assets ratio  total liabilities/total assets FTE (full time equivalent)  total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin  NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and net prof margin) Net Operating Income (NOI)  Total (gross) Revenue - operating expenses Occupancy rate 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel! 1 | P a g e | G r a d e A + | 2 0 24 / 2 0 2 5  (# of resident days/facility beds) x 365 HCS  Hazard Communication Standard. OSHA standard requiring employers to inform workers of potentially hazardous chemicals. Balance sheet formula  Assets = Liabilities + Shareholders Equity EBITDA  Earnings before interest, taxes, depreciation, and amortization Amortization  the reduction of a loan balance through payments made over a period of time revenue cycle management  resident needs->service planning->staffing->billing/collections-> FICA SS Tax and Medicare Tax  6.2% and 1.45% 4 elements of a valid contract  agreement, consideration, contractual capacity, legality (in writing) "ACCL" Liability insurance usually covers.. 2 0 2 4 /2025 | © copyright | This work may not be copied for profit gain Excel! 1 | P a g e | G r a d e A + | 2 0 24 / 2 0 2 5  Bodily injury and property damage Lock out tag out  For all electrical equipment safe electrical practices  National Electrical Code or NEC Following NFPA Life Safety Code  fire plan, regular fire drills, detectors, training on procedure, non combustable furnishing/draperies Extinguisher class A  ordinary combustibles such as wood/paper Extinguisher Class B  For flammable liquids and gas fires (grease, paint