The SIPA Program in Montreal Uses Long-Term and Nursing Services

question 2

Multiple Choice

The SIPA program in Montreal uses long-term and nursing services to serve frail seniors around the clock.This program reports a drop in long term care admission rates of what percentage?

• A) 10%
• B) 25%
• C) 50%
• D) 75%

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Definitions:

M&M Theory

Modigliani and Miller's theory positing that in an ideal market, a company's value is unaffected by how it is financed, whether through debt or equity.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity which funds its overall operations and growth.

Total Cash Flows

The total sum of cash and cash-equivalents moving into and out of a company.

Capital Structure

The particular combination of debt and equity used by a firm to finance its overall operations and growth.