NAB RCAL Exam Questions and Answers (2024 / 2025) (Verified Answers)

1. Breakeven Point? ANS total cost = total revenue 2. Working capital ratio ANS current assets / current liabilities 3. Acid-test (quick) ratio ANS (cash + AR + short-term investments) / current liabilities 4. debt to assets ratio ANS total liabilities/total assets 5. FTE (full time equivalent) ANS total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) 6. Profit margin ANS NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and net prof margin) 7. Net Operating Income (NOI) ANS Total (gross) Revenue - operating expenses 8. Occupancy rate ANS (# of resident days/facility beds) x 365 9. HCS ANS Hazard Communication Standard. OSHA standard requiring employers to inform workers of potentially hazardous chemicals. 10. Balance sheet formula ANS Assets = Liabilities + Shareholders Equity 11. EBITDA ANS Earnings before interest, taxes, depreciation, and amortization 12. Amortization ANS the reduction of a loan balance through payments made over a period of time 13. revenue cycle management ANS resident needs->service plan- ning->staffing->billing/collections->