A Nurse Is Educating a Group of Students About Health

question 23

Multiple Choice

A nurse is educating a group of students about health care economics.Which statement would the students make if the teaching were effective?

• A)"Extrinsic factors include the cost of prescription drugs."
• B)"Extrinsic factors include the age of the population."
• C)"Extrinsic factors include the demand for health care."
• D)"Extrinsic factors include employer-paid health insurance."

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Definitions:

Receivable Turnover

A financial metric that measures how efficiently a company collects on its accounts receivable, calculated as sales divided by accounts receivable.

Inventory Turnover

A ratio showing how often a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.

Times Interest

A financial ratio that measures a company's ability to meet its interest obligations.

Acid-test Ratio

A financial ratio indicating a firm's capacity to settle its short-term obligations without selling its stock.