What is the break-even point expressed in total revenue
Problem
General Hospital has overall variable costs of 75% of total revenues and fixed costs of $50 million per year. There are 50,000 patient-days estimated for next year. What is the break-even point expressed in total revenue?
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General Hospital has overall variable cost of 75% of total revenues and fixed cost of $50 million per year. What is break-even point expressed in total revenue?
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