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What is the purpose of a financial policy
1.
What is a financial policy?
2.
What is the purpose of a financial policy?
3.
List 4 benefits of using financial policies.
4.
List 4 types of information which can be included in a financial policy
Using the following
information, calculate all possible practice management ratios:
June, 2011
# of Patients seen
–
4,785
Monthly Charges
–
$1,340,000
Monthly Income
–
$899,000
Total Operating Costs
–
$643,521
Total Accounts Receivable
–
$1,650,000
Was this practice profitab
le in June, 2011
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