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  3. consider the following data: -fixed costs = $10 mi

Consider the following data: -Fixed costs = $10 million Variable costs per inpatient day =...

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Finance

Consider the following data: -Fixed costs = $10 million

Variable costs per inpatient day = $400

Revenue per inpatient day = $1,200

What revenue per inpatient day is required to obtain a profit of $1,000,000 at a volume of 10,000 patient days?

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