NAB RCAL Exam questions with 100% correct answers

NAB RCAL Exam questions with 100% correct answers Breakeven Point? - Correct Answers-total cost = total revenue Working capital ratio - Correct Answers-current assets / current liabilities Acid-test (quick) ratio - Correct Answers-(cash + AR + short-term investments) / current liabilities debt to assets ratio - Correct Answers-total liabilities/total assets FTE (full time equivalent) - Correct Answers-total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin - Correct Answers-NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and net prof margin) Net Operating Income (NOI) - Correct Answers-Total (gross) Revenue - operating expenses Occupancy rate - Correct Answers-(# of resident days/facility beds) x 365 HCS - Correct Answers-Hazard Communication Standard. OSHA standard requiring employers to inform workers of potentially hazardous chemicals. Balance sheet formula - Correct Answers-Assets = Liabilities + Shareholders Equity EBITDA - Correct Answers-Earnings before interest, taxes, depreciation, and amortization Amortization - Correct Answers-the reduction of a loan balance through payments made over a period of time revenue cycle management - Correct Answers-resident needs-service planning-staffing-billing/collections- FICA SS Tax and Medicare Tax - Correct Answers-6.2% and 1.45% 4 elements of a valid contract - Correct Answers-agreement, consideration, contractual capacity, legality (in writing) "ACCL" Liability insurance usually covers.. - Correct Answers-Bodily injury and property damage Lock out tag out - Correct Answers-For all electrical equipment safe electrical practices - Correct Answers-National Electrical Code or NEC