The Following Information Comes from a Hospital's Financial Statements: Net

question 13

Multiple Choice

The following information comes from a hospital's financial statements: Net patient accounts receivable - $3.5 million;Gross patient service revenues - $15 million;Contractual adjustments - $3 million;and Charity care - $1 million.What is the hospital's number of days' revenue in patient accounts receivable (rounded to nearest whole day) ?

• A)85
• B)106
• C)116
• D)1147

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