Homework Help

QROI analysis

A new cardiac catheterization lab was constructed at Havea Heart
Hospital. The investment for the lab was $450,000 in equipment costs and
$50,000 in renovation costs. A desired return on investment is 12 percent. Once
the lab was constructed, 5,000 patients were served in the first year and were
charged $340, for each procedure. The annual fixed cost for the catheterization
lab is $1 million and the variable cost is $129 per procedure. What is the
catheterization labs profit? Did this profit meet its desired ROI? Why or Why



This question still have no answer summary yet.

This Question: "ROI analysis" No answers yet.

Be the First! Or read related questions

Anonymous Sign In Sign Up
Add Answer of
ROI analysis

Did this answer your question? If not, ask a new question.

Related Answers