NAB RCAL EXAM STUDY GUIDE |
(complete solutions) Exam| ASSURED
SUCCESS |GRADE A+!! |Questions &
Answers 100% Verified 2025 latest
update
Breakeven Point? -CORRECTANSWER total cost = total revenue
Working capital ratio -CORRECTANSWER current assets / current liabilities
Acid-test (quick) ratio -CORRECTANSWER (cash + AR + short-term investments) /
current liabilities
debt to assets ratio -CORRECTANSWER total liabilities/total assets
FTE (full time equivalent) -CORRECTANSWER total number of hours per employee in
a week / 40 (i.e. 12+14+40+30 div. by 40)
Profit margin -CORRECTANSWER NOI/Tot. Revenue. Defined as "income to sales. 2
types, gross prof margin and net prof margin)
Net Operating Income (NOI) -CORRECTANSWER Total (gross) Revenue - operating
expenses
, Occupancy rate -CORRECTANSWER (# of resident days/facility beds) x 365
HCS -CORRECTANSWER Hazard Communication Standard. OSHA standard requiring
employers to inform workers of potentially hazardous chemicals.
Balance sheet formula -CORRECTANSWER Assets = Liabilities + Shareholders Equity
EBITDA -CORRECTANSWER Earnings before interest, taxes, depreciation, and
amortization
Amortization -CORRECTANSWER the reduction of a loan balance through payments
made over a period of time
revenue cycle management -CORRECTANSWER resident needs->service planning-
>staffing->billing/collections->
FICA SS Tax and Medicare Tax -CORRECTANSWER 6.2% and 1.45%
4 elements of a valid contract -CORRECTANSWER agreement, consideration,
contractual capacity, legality (in writing) "ACCL"
(complete solutions) Exam| ASSURED
SUCCESS |GRADE A+!! |Questions &
Answers 100% Verified 2025 latest
update
Breakeven Point? -CORRECTANSWER total cost = total revenue
Working capital ratio -CORRECTANSWER current assets / current liabilities
Acid-test (quick) ratio -CORRECTANSWER (cash + AR + short-term investments) /
current liabilities
debt to assets ratio -CORRECTANSWER total liabilities/total assets
FTE (full time equivalent) -CORRECTANSWER total number of hours per employee in
a week / 40 (i.e. 12+14+40+30 div. by 40)
Profit margin -CORRECTANSWER NOI/Tot. Revenue. Defined as "income to sales. 2
types, gross prof margin and net prof margin)
Net Operating Income (NOI) -CORRECTANSWER Total (gross) Revenue - operating
expenses
, Occupancy rate -CORRECTANSWER (# of resident days/facility beds) x 365
HCS -CORRECTANSWER Hazard Communication Standard. OSHA standard requiring
employers to inform workers of potentially hazardous chemicals.
Balance sheet formula -CORRECTANSWER Assets = Liabilities + Shareholders Equity
EBITDA -CORRECTANSWER Earnings before interest, taxes, depreciation, and
amortization
Amortization -CORRECTANSWER the reduction of a loan balance through payments
made over a period of time
revenue cycle management -CORRECTANSWER resident needs->service planning-
>staffing->billing/collections->
FICA SS Tax and Medicare Tax -CORRECTANSWER 6.2% and 1.45%
4 elements of a valid contract -CORRECTANSWER agreement, consideration,
contractual capacity, legality (in writing) "ACCL"
