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NAB RCAL Exam Questions and Answers Grade A+

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Course NAB RCAL
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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 - ️️(# 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

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