NAB RCAL EXAM QUESTIONS AND
ANSWERS 2025
Breakeven Point? - correct answer- total cost = total revenue
Working capital ratio - correct answer- current assets / current liabilities
Acid-test (quick) ratio - correct answer- (cash + AR + short-term
investments) / current liabilities
debt to assets ratio - correct answer- total liabilities/total assets
FTE (full time equivalent) - correct answer- total number of hours per
employee in a week / 40 (i.e. 12+14+40+30 div. by 40)
Profit margin - correct answer- NOI/Tot. Revenue. Defined as "income to
sales. 2 types, gross prof margin and net prof margin)
Net Operating Income (NOI) - correct answer- Total (gross) Revenue -
operating expenses
Occupancy rate - correct answer- (# of resident days/facility beds) x 365
, HCS - correct answer- Hazard Communication Standard. OSHA
standard requiring employers to inform workers of potentially
hazardous chemicals.
Balance sheet formula - correct answer- Assets = Liabilities + Shareholders
Equity
EBITDA - correct answer- Earnings before interest, taxes, depreciation, and
amortization
Amortization - correct answer- the reduction of a loan balance through
payments made over a period of time
revenue cycle management - correct answer- resident needs-
>service planning->staffing->billing/collections->
FICA SS Tax and Medicare Tax - correct answer- 6.2% and 1.45%
4 elements of a valid contract - correct answer- agreement, consideration,
contractual capacity, legality (in writing) "ACCL"
ANSWERS 2025
Breakeven Point? - correct answer- total cost = total revenue
Working capital ratio - correct answer- current assets / current liabilities
Acid-test (quick) ratio - correct answer- (cash + AR + short-term
investments) / current liabilities
debt to assets ratio - correct answer- total liabilities/total assets
FTE (full time equivalent) - correct answer- total number of hours per
employee in a week / 40 (i.e. 12+14+40+30 div. by 40)
Profit margin - correct answer- NOI/Tot. Revenue. Defined as "income to
sales. 2 types, gross prof margin and net prof margin)
Net Operating Income (NOI) - correct answer- Total (gross) Revenue -
operating expenses
Occupancy rate - correct answer- (# of resident days/facility beds) x 365
, HCS - correct answer- Hazard Communication Standard. OSHA
standard requiring employers to inform workers of potentially
hazardous chemicals.
Balance sheet formula - correct answer- Assets = Liabilities + Shareholders
Equity
EBITDA - correct answer- Earnings before interest, taxes, depreciation, and
amortization
Amortization - correct answer- the reduction of a loan balance through
payments made over a period of time
revenue cycle management - correct answer- resident needs-
>service planning->staffing->billing/collections->
FICA SS Tax and Medicare Tax - correct answer- 6.2% and 1.45%
4 elements of a valid contract - correct answer- agreement, consideration,
contractual capacity, legality (in writing) "ACCL"
