Provide the Accounting for the Following: ​

question 230

Multiple Choice

Provide the accounting for the following: ​
            Operating Revenues:                             $10,000,000
            Nonrecurring, non-operating gain:           $4,000,000
            Nonrecurring, non-operating loss:          $8,000,000
            Operating expenses:                               $6,000,000

• A) EBITDA is no income
• B) GAAP is no income
• C) EBITDA is $4,000,000
• D) None of the above

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Definitions:

Hill-Burton Act

A U.S. federal law passed in 1946 that provided funds to hospitals, nursing homes, and other health facilities for construction and modernization, in exchange for agreeing to provide a reasonable volume of services to persons unable to pay.

Hospitals Improvement

Initiatives or actions taken to enhance the quality of care, efficiency, and patient outcomes in hospital settings.

Biomedical Research

The study of the biological and health sciences to understand diseases, develop treatments, and improve medical diagnosis and therapy.