Employment of LPN/LVNs in the Hospital Setting Is at a High

question 21

Multiple Choice

Employment of LPN/LVNs in the hospital setting is at a high level because their salaries are lower than RNs,which helps hospitals to provide cost-effective care.The specialty of the LPN/LVN is:

• A) excellent bedside care.
• B) individualized patient care.
• C) specialized patient care.
• D) customized patient care.

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Definitions:

Interest Tax Shield

A reduction in taxable income resulting from deductible interest expenses, typically from debts.

Tax Rate

The proportion of income or profits on which individuals or corporations pay taxes.

Optimal Capital Structure

The proportional mix of debt and equity financing that minimizes a company's cost of capital and maximizes its value.

Market Price

The market's ongoing price for an asset or service available for sale or purchase.