when using 360-degree performance evaluation, in order to make this approach effective, the evaluation results should be always linked to pay raise or promotion decisions.(True/False)

Unlike attitude, satisfaction is an objective response to a job situation. This is False

Why is it?

Satisfaction and attitude are both concepts that relate to an individual's evaluation of their job and work environment. However, there are important differences between the two.

Satisfaction is a subjective response that reflects an individual's emotional and cognitive evaluation of their job situation, whereas attitude is a more general term that encompasses an individual's feelings and beliefs about a particular object or situation, including their job and work environment.

While satisfaction is a component of attitude, attitude can also include other factors such as beliefs, values, and perceptions. Understanding these differences can be helpful for managers and organizations in addressing employee needs and improving job satisfaction and overall attitudes toward work.

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Mobile computing has become increasingly important for businesses in recent years due to the ubiquity of smartphones and other mobile devices.

With more and more people accessing the internet and conducting business on their phones, companies need to have mobile strategies in place to remain competitive.

In terms of evaluating the mobile strategies of individual firms, there are a number of factors to consider, including the usability of their mobile apps or websites, the range of features offered, and how well they integrate with other aspects of the business. Additionally, it is important to consider how the mobile strategy fits into the overall business strategy, and whether it is effectively reaching the intended audience. Without more information about the specific firms in question, it is difficult to provide a more detailed evaluation.

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Tyrone is struggling to balance the need for innovative, quality service with the cost of hiring and retaining top staff. While he wants to maintain a competitive advantage, he is also aware of the potential negative impact of passing along higher costs to clients. To address this challenge, Tyrone may need to focus on finding innovative ways to provide high-quality service while also managing costs effectively.

This could involve exploring new technologies or processes that streamline operations, or implementing creative strategies for attracting and retaining top talent. Ultimately, his success will depend on his ability to find a balance between quality, innovation, and cost competitiveness, while also staying attuned to the needs and preferences of his clients.

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many payroll service providers offer online calculators or price quotes on their websites. You may want to check with some payroll service providers to get an estimated cost of their services for a client with 20 employees.

When preparing a proposal for a prospective client, it's important to conduct thorough research on the client's specific needs and tailor the proposal accordingly. The proposal should include a detailed description of the services to be provided, the timeline for implementation, the cost of services, and any terms and conditions that apply. The proposal should also highlight the benefits of using the payroll service provider's services and how they can add value to the client's business.

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The term "ersatz capitalism" refers to a system of capitalism that is characterized by the domination of foreign companies and the lack of development of indigenous industries.

In the context of the industrialization of Southeast Asia, this term refers to the way in which foreign corporations were able to exploit the region's resources and labor without developing the local economy. This resulted in a form of capitalism that was dependent on foreign investment and technology, rather than promoting the growth of domestic industries. The term highlights the challenges that Southeast Asian countries faced in achieving true economic independence and developing their own industries in the face of foreign domination.

The term "ersatz capitalism" refers to a form of capitalism that emerged during the Industrialization of Southeast Asia. This economic system was characterized by a combination of traditional and modern capitalist practices. In this context, local entrepreneurs and state-led initiatives played a crucial role in driving industrialization, but often relied on informal or unorthodox business practices. Ersatz capitalism, thus, represents a unique adaptation of capitalism in Southeast Asia, which facilitated economic growth during the industrialization period.

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Overall, even though artists like Lady Gaga usually collect significant costs for their performances, there are a variety of reasons why they could agree to play at the Super Bowl halftime show for nothing.

1. Exposure: With an estimated 111.3 million viewers in 2017, the Super Bowl was one of the most viewed television events in the globe. An musician may gain a lot of publicity and expand their fanbase by taking the stage during the Super Bowl halftime performance.

2. Promotion: Since the Super Bowl halftime show is such a well-known event, taking the stage there may be a terrific opportunity for an artist to spread the word about their future album, tour, or other endeavours.

3. Prestige: One of the largest platforms in the music industry is said to be the Super Bowl halftime performance. It is a big honour to be asked to play at the Super Bowl halftime show, and for many musicians, it is a career high point.

4. Philanthropy: Some musicians decide to give their time and talents freely to worthy causes by appearing at high-profile gatherings. Although Lady Gaga's reasons for accepting this particular gig are unknown to the public, it's likely that she did so in order to assist the NFL or another cause.

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A. Parsons will recover against the construction company because it owes a duty of reasonable care to the workers as well as pedestrians.

The construction company has a duty to exercise reasonable care to ensure the safety of both its workers and pedestrians. Parsons, as a pedestrian, had a reasonable expectation of safety while passing by the construction site. Therefore, the construction company can be held liable for negligence in failing to exercise reasonable care, which resulted in Parsons' injuries.
A. Parsons will recover against the construction company because it owes a duty of reasonable care to the workers as well as pedestrians.

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The rule for determining the optimal resource use for a single resource or input is to continue adding units of the input until the marginal revenue product (MRP) equals the marginal resource cost (MRC). The optimal level of input is the quantity at which MRP = MRC, where MRP is the additional revenue generated by the last unit of input and MRC is the additional cost incurred by the last unit of input.

In the given table, MP represents the marginal product of labor, MRP represents the marginal revenue product of labor, and MRC represents the marginal resource cost of labor.

To determine the optimal amount of labor, we need to calculate the MRP and MRC for each level of labor input:

When zero units of labor are used, there is no output, so MRP and MRC cannot be calculated.

When one unit of labor is used, the marginal product of labor (MP) is 22, meaning that the output increases by 22 units. The MRP of labor is the marginal product of labor multiplied by the price per unit, so MRP = 22 x $2 = $44. The MRC of labor is simply the cost of one unit of labor, which is $26. Therefore, MRP is greater than MRC, and we should use more labor.

When two units of labor are used, the MP is 16 (38-22), MRP = 16 x $2 = $32, and MRC is $26. Therefore, MRP is still greater than MRC, and we should use more labor.

When three units of labor are used, the MP is 14 (52-38), MRP = 14 x $2 = $28, and MRC is $26. Therefore, MRP is still greater than MRC, and we should use more labor.

When four units of labor are used, the MP is 10 (62-52), MRP = 10 x $2 = $20, and MRC is $26. Therefore, MRP is less than MRC, and we should use less labor.

When five units of labor are used, the MP is 8 (70-62), MRP = 8 x $2 = $16, and MRC is $26. Therefore, MRP is less than MRC, and we should use even less labor.

Therefore, the optimal amount of labor is the quantity at which MRP = MRC, which is three units of labor in this case.

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The current price of a zero coupon bond can be calculated using the present value formula. This formula takes into account the face value of the bond, the yield to maturity, and the time to maturity. The current price of the bond is $178.78.

In this case, TJ's offers a $1,000 face value, zero coupon bond with a yield to maturity of 11.3 percent, given annual compounding. The bond matures in 16 years.

To calculate the current price, we can use the following formula:

Current Price = Face Value / (1 + Yield to Maturity/Compounding Frequency)^(Time to Maturity * Compounding Frequency)

Plugging in the values for this bond, we get:

Current Price = $1,000 / (1 + 0.113/1)^(16 * 1)

                      = $178.78

Therefore, the correct answer is A. $178.78.

It's important to note that zero coupon bonds are unique because they don't make regular interest payments like traditional bonds. Instead, the investor buys the bond at a discount and receives the full face value at maturity. The yield to maturity is the rate of return an investor will earn if they hold the bond until maturity.

In this case, the yield to maturity is 11.3 percent, given annual compounding. This means that if the investor holds the bond until maturity, they will earn a return of 11.3 percent per year, compounded annually.

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a) shareholders. Walmart's donation of more than $1 billion in cash and in-kind items to charitable causes every year would most directly impact its shareholders.

This is because shareholders are invested in the company and its operations, and they want to see the company engage in responsible and ethical business practices. By donating to charitable causes, Walmart is demonstrating its commitment to social responsibility, which can help improve the company's reputation and enhance shareholder value. Additionally, shareholders may feel proud to be associated with a company that is making a positive impact on society.
Walmart's donations of over $1 billion in cash and in-kind items to charitable causes every year is a form of social responsibility that most directly impacts a) shareholders. This is because these donations can affect the company's profits, which in turn influence shareholder returns.

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Offering a discount to the elite ballplayer segment could be a good strategy. This segment is likely to have a higher budget for equipment and may be willing to pay more for high-quality products. Additionally, offering a discount could incentivize them to make future purchases and become loyal customers.

However, before Maru decides to offer this promotion, she should consider the potential impact on her overall sales and profit margins. Offering a discount could lead to lower profit margins if the discount is too steep or if the elite ballplayer's segment is not a large enough portion of her customer base.

Furthermore, it's important to ensure that the discount is structured in a way that encourages future purchases rather than just one-time sales. Maru could consider offering the discount for a limited time or requiring a minimum purchase amount to receive the discount.

Overall, while offering a discount to the elite ballplayer segment could be a good strategy, Maru should carefully evaluate the potential impact on her business before implementing the promotion.

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b) We are 90% confident, based on the sample data, that the actual proportion of people who recommend Robin Hood financial services for investment is contained in the range of plausible values stated above.

The most appropriate interpretation of the confidence interval is b) We are 90% confident, based on the sample data, that the actual proportion of people who recommend Robin Hood financial services for investment is contained in the range of plausible values stated above. This means that there is a high probability (90%) that the true proportion of people who recommend the investment company falls within the range of 0.5954 to 0.6722. It is important to note that this does not guarantee the true proportion falls within this range, but rather suggests a strong likelihood based on the sample data.

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Qualcomm is indeed a technology company known for its Intellectual Property, particularly in the field of wireless communications. The stock price of Qualcomm can fluctuate based on a variety of factors such as market demand, company financials, news, and global events. One of the patents awarded to Qualcomm is for "Advanced Signal Processing for Digital Audio". This patent has contributed to Qualcomm's company value by providing a unique and valuable technology that sets them apart from competitors.

In terms of stock prices, one would need to check the most recent data to determine the current stock price and compare it to the stock price one year ago. This would provide a comparison to determine if there was an increase or decrease in stock prices. One possible reason for the increase or decrease in the stock price could be due to the company's financial performance, such as an increase in revenue, profitability or a decline in earnings. It could also be due to industry competition, changes in market demand or negative news affecting the company.

The patent awarded to Qualcomm describes a method of improving the quality of digital audio signals through advanced signal processing techniques. This technology has been incorporated into Qualcomm's Snapdragon processors, which are used in many mobile devices worldwide. By leveraging their Intellectual Property portfolio, Qualcomm can continue to innovate and improve their products, which can lead to increased market demand and ultimately drive company growth.

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0.5556 is the coefficient of variation for Braniff. The answer is OPTON B

For investors that want a high return on their money and are willing to take on more risk, equity is the most popular asset class. Direct equity investments can be made on stock exchanges or through mutual funds. Jobs in the service industry include education, nursing, housekeeping, and tours.

Contrarily, those who work in the manufacturing or industrial sectors create tangible products like clothing, equipment, and automobiles. A non-trading organization does not exist to earn a profit, whereas a trading organization does. This is the difference between a trading organization and a non-trading organization. Non-profit organizations exist to offer the general public voluntary services. The answer is OPTON B

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The equilibrium national income in this closed economy without investment and government spending, where c = 1000 .8yd, and taxes t=100, is 5000.

In a closed economy without investment and government spending, the equilibrium national income is determined by the consumption function, which is given as c = 1000 .8yd, and the tax function, which is given as t=100. The equilibrium national income is the level of income where total output is equal to total expenditure, which is given by the equation Y = C + I + G, where I and G are investment and government spending, respectively.

Since there is no investment or government spending in this scenario, we can simplify the equation to Y = C + T, where T is taxes. Substituting the given values, we have Y = 1000 .8yd + 100.

To find the equilibrium national income, we need to set Y equal to yd (disposable income), which is given by the equation yd = Y - T. Substituting Y from the previous equation, we have yd = 1000 .8yd + 100 - 100.

Simplifying, we get yd = 1000 .8yd, which can be rearranged to yd = 1000/.2 = 5000.

Therefore, the equilibrium national income in this closed economy without investment and government spending, where c = 1000 .8yd, and taxes t=100, is 5000.

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In a closed economy without investment and government spending, C = 1000 + .8YD, and taxes T=100, what would be the equilibrium national income?

A- The profit maximizing output level for the given firm is y ≈ 3.574 and the profit is π ≈ 6.528, b- When the original firm is divided into two equal-size smaller firms, total profit will be twice the profit of the original firm.

The profit maximization problem is: Maximize π = py - w1x1 - w2x2 with respect to x1 and x2.

Substituting the production function y = f(x1, x2) = 2x₁⁰.²⁵ x₂⁰.²⁵ and given prices p = 8, w1 = 2, and w2 = 4, we get:

π = 8(2x₁⁰.²⁵ x₂⁰.²⁵) - 2x₁ - 4x₂

Differentiating with respect to x1 and x2 and setting equal to zero, we get:

∂π/∂x₁ = 4x₁⁻.²⁵ x₂⁰.²⁵ - 2 = 0

∂π/∂x₂ = 4x₂⁻.²⁵ x₁⁰.²⁵ - 4 = 0

Solving these two equations simultaneously, we get:

x₁ = (2/x₂)⁴ = 1.681

x₂ = (1/x₁)⁴ = 3.363

Therefore, the profit-maximizing output level is:

y = f(x₁, x₂) = 2x₁⁰.²⁵ x₂⁰.²⁵ ≈ 3.574

The profit is:

π = py - w1x1 - w2x2 = 8(3.574) - 2(1.681) - 4(3.363) ≈ 6.528

b- If the original firm is divided into two equal-size smaller firms, each firm will have the same input prices as the original firm and will produce at a profit-maximizing output level of 4. As the production function exhibits constant returns to scale, the total profit of the two smaller firms will be twice the profit of the original firm, which is 32.

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In the context of empowerment, "job" content consists of the tasks and procedures necessary for doing a particular job.

Empowerment involves providing employees with the authority, resources, and information they need to make decisions and take action to solve problems and improve performance. To be effective in their empowered roles, employees need to have a clear understanding of their job content, including the specific duties and responsibilities they are expected to fulfill.

This requires not only a detailed job description, but also ongoing training and support to ensure that employees have the competence and confidence to perform their duties effectively.

By empowering employees with the knowledge and skills they need to do their jobs well, organizations can increase productivity, improve job satisfaction, and drive innovation and growth.

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To determine the company's sales mix for the Bedroom Division and Dining Room Division, we will calculate the proportion of each division's sales to the total sales.

Step 1: Calculate the sales mix percentage for each division

Sales mix percentage = (Division's sales / Total sales) x 100

Bedroom Division:
Sales mix percentage = ($510,800 / $1,277,000) x 100
Sales mix percentage ≈ 40.00%

Dining Room Division:
Sales mix percentage = ($766,200 / $1,277,000) x 100
Sales mix percentage ≈ 60.00%

The sales mix for Concord Furniture Co. is approximately 40% for the Bedroom Division and 60% for the Dining Room Division.

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Out of the given statements, one is false and another one is true.  All of the following are the result of producing poor-quality products except Decreased Costs. Option D is correct.

1) The statement "Activity-based management is not suitable for service companies as it deals with the proper allocation of manufacturing overhead costs" is False. Activity-based management can be applied to both manufacturing and service companies as it helps in identifying and managing activities that drive costs and improve efficiency.

2) The statement "Under just-in-time costing, the purchase of raw materials is recorded by debiting the Raw Materials Inventory account" is True. Just-in-time costing records the purchase of raw materials by debiting the Raw Materials Inventory account, which represents the cost of materials acquired for production.

3) All of the following are the result of producing poor-quality products except D.

Decreased Costs. Poor-quality products typically lead to A. decreased revenues, B. customer awareness of quality problems, and C. increased product repairs. However, decreased costs are not a result of poor-quality products, as poor quality often leads to increased costs due to repairs, returns, and lost sales. option d is correct.

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If your income decreases and your consumption of hot cross buns increases, hot cross buns are considered a(n) inferior good. The correct option is d.

Hot cross buns would be considered an inferior good if your income decreases and your consumption of hot cross buns increases. An inferior good is a type of good where demand decreases as income increases and demand increases as income decreases.

Hot cross buns are often considered an inferior good because they are a cheaper alternative to other baked goods, such as pastries and cakes, and therefore people may switch to them when their income decreases.

When people's income decreases, they may switch to consuming more hot cross buns as a cheaper alternative to other baked goods. Conversely, if their income were to increase, they may switch to consuming more expensive baked goods instead, and demand for hot cross buns would decrease.

Therefore, option d is correct.

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The variation of warehousing that handles the shipping, receiving, and storage of goods on a contract basis for a fee is known as public warehousing.

Companies can lease space in a public warehouse to store their products, and the warehouse offers services including receiving, inventory management, order picking, and shipping. In contrast to owning and running their own warehouse, public warehousing enables businesses to outsource their storage and logistics requirements to a third-party operator. Businesses that require access to specialized resources like equipment or knowledge might benefit greatly from public storage, as can those with varying inventory demands.

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The estimated coefficient for the total loans and leases to total assets ratio in terms of the odds of being financially weak.

Step 1: Identify the estimated coefficientFirst, you need to find the estimated coefficient for the total loans and leases to total assets ratio from your regression model. Let's call this coefficient "b1".

Step 2: Interpret the estimated coefficientNow, holding the total expenses/assets ratio constant, a one unit increase in the total loans and leases-to-assets ratio would be associated with an increase in the odds of being financially weak. To find this increase, you need to use the estimated coefficient "b1" from your model.

Step 3: Calculate the increase in oddsTo find the increase in the odds of being financially weak by a factor of, you need to exponentiate the estimated coefficient "b1". That is, e^b1. The result of this calculation will give you the factor by which the odds of being financially weak increase with a one unit increase in the total loans and leases-to-assets ratio.

Your answer:Holding the total expenses/assets ratio constant, a one unit increase in the total loans and leases-to-assets ratio is associated with an increase in the odds of being financially weak by a factor of e^b1, where "b1" is the estimated coefficient for the total loans and leases to total assets ratio from your regression model.

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If the interest rate is 6%, then i = 0.06. Substituting this value in the given equation, we get:

md/p = 10,500/5 - 100(0.06)

md/p = 2,100 - 6

md/p = 2,094 billion

Therefore, the demand for real money balances is $2,094 billion.

If the interest rate is 3%, then i = 0.03. Substituting this value in the given equation, we get:

md/p = 10,500/5 - 100(0.03)

md/p = 2,100 - 3

md/p = 2,097 billion

Therefore, the demand for real money balances is $2,099 billion.

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Investing in this biotech firm would be a wise decision as the present value of the expected cash flows exceeds the initial investment required.

To determine whether investing in this biotech firm is a good decision, we need to calculate the present value of the expected cash flows and compare it to the initial investment required.

Using a discount rate of 15% per year as the minimum acceptable rate of return (MARR), we can calculate the present value of each cash flow and then sum them up to find the net present value (NPV) of the investment.

The calculation of the NPV is as follows:Year 1-3: $200,000 per year

PV = $200,000 / (1 + 0.15)^1 + $200,000 / (1 + 0.15)^2 + $200,000 / (1 + 0.15)^3

PV = $487,977.05Year 4: $50,000

PV = $50,000 / (1 + 0.15)^4

PV = $29,851.94Year 5-9: $250,000 per year

PV = $250,000 / (1 + 0.15)^5 + $250,000 / (1 + 0.15)^6 + $250,000 / (1 + 0.15)^7 + $250,000 / (1 + 0.15)^8 + $250,000 / (1 + 0.15)^9

PV = $803,058.54Total PV = $487,977.05 + $29,851.94 + $803,058.54 = $1,320,887.53

Since the present value of the expected cash flows is higher than the initial investment required, it would be a good investment decision to invest in this biotech firm.

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Option A). Labor contracts that include so-called COLA provisions serve to preserve the purchasing power of workers by "linking their money wages to price increases."

These contracts are a common form of wage indexation in many labour markets, as they often tie nominal wages to a specific price index.

The purpose of COLA provisions is to ensure that workers are able to maintain their standard of living, despite the effects of inflation on prices.

This means that as prices increase, workers' wages also increase in order to keep up with the cost of living.

Overall, COLA provisions are an important aspect of labour contracts that benefit workers by providing them with financial security and stability.

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In the context of network optimization, a minimal spanning tree (MST) is a tree that spans all the nodes (in this case, rooms) of a connected, undirected graph with the minimum possible total edge weight.

The correct answer B) The minimal spanning tree solution finds the lowest cost of wiring the entire building. In the case of providing electricity to all rooms in a building, the nodes of the graph represent the rooms and the edges represent the wiring required to connect them.

The weight of each edge represents the cost of providing electricity between the rooms. The MST solution algorithm finds the set of edges that minimizes the total cost of wiring the entire building.

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The addition of alcohol dehydrogenase and its substrate acetaldehyde allows for additional production of [tex]CO_{2}[/tex] in the solution containing the pyruvate dehydrogenase complex and enzymes of the citric acid cycle. The correct option is B.

This is because alcohol dehydrogenase converts acetaldehyde into ethanol, which is then oxidized by the enzyme alcohol dehydrogenase to produce NADH and acetaldehyde. The production of NADH allows for the regeneration of [tex]NAD^{+}[/tex] which is required for the citric acid cycle to continue.

The addition of alcohol dehydrogenase plus its substrate allows regeneration of [tex]NAD^{+}[/tex]. Now oxidized [tex]NAD^{+}[/tex] is available for the additional TCA reactions in which additional [tex]CO_{2}[/tex] can be produced. This is because the citric acid cycle requires [tex]NAD^{+}[/tex] as a cofactor for several of the reactions in the cycle.

Without the addition of alcohol dehydrogenase and acetaldehyde, [tex]NAD^{+}[/tex] would become limiting and the reaction would stop after the production of 7 μmol of [tex]CO_{2}[/tex].

To allow complete oxidation of the pyruvate to 21 μmol of [tex]CO_{2}[/tex], three times the amount of pyruvate, oxaloacetate, and coenzyme A would be required, which would be 21 μmol of each.

Additionally, the solution would need to be supplemented with 21 μmol each of [tex]NAD^{+}[/tex], FAD, GDP, and Pi to ensure that the citric acid cycle could continue and produce the additional [tex]CO_{2}[/tex]. The addition of alcohol dehydrogenase and its substrate would still be necessary to regenerate NAD+ for the reaction to proceed.

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The correct answer is d. maintaining a separate facility for the storage of perishable inventory.

Inventory is a term used to describe the goods and materials that a business holds for sale or for the production of other goods. It includes raw materials, products in various stages of production, and finished goods that are ready for sale. Effective inventory management is essential for businesses to efficiently manage their resources, reduce costs, and maximize profits. It also helps businesses better meet customer demands and avoid stock-outs, which can lead to lost sales. Inventory management involves forecasting, tracking, and analyzing inventory levels, and finding the optimal balance between inventory costs and customer satisfaction.

Internal controls over cash are procedures and processes used to ensure that cash is handled and managed properly. They help to protect a company from theft, fraud, and other financial risks. Examples of internal controls over cash include depositing cash in the bank regularly, ensuring different people are responsible for receiving and depositing cash, and ensuring that all cash transactions are recorded on a regular basis. Maintaining a separate facility for the storage of perishable inventory is not an example of internal controls over cash.

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This suggests that for the hospital to make $500,000 in profit, there must be 17,500 inpatient days of patients.

We must determine the total revenue, total variable costs, and total contribution margin in order to build the hospital's base case projected P&L statement.

Total revenue = Charge per inpatient day x Expected patient load = $1,000 x 15,000 = $15,000,000

Total variable cost = Variable cost per inpatient day x Expected patient load = $200 x 15,000 = $3,000,000

Total contribution margin = Total revenue - Total variable cost = $15,000,000 - $3,000,000 = $12,000,000

Using the contribution margin, we can calculate the hospital's net income:

Net income = Total contribution margin - Fixed costs = $12,000,000 - $10,000,000 = $2,000,000

Hospital's base case projected P&L statement is:

Revenue:

Charge per inpatient day x Expected patient load = $1,000 x 15,000 = $15,000,000

Costs:

Variable cost per inpatient day x Expected patient load = $200 x 15,000 = $3,000,000

Fixed costs = $10,000,000

Total costs = Variable costs + Fixed costs = $3,000,000 + $10,000,000 = $13,000,000

Net income = Revenue - Total costs = $15,000,000 - $13,000,000 = $2,000,000

Contribution margin per inpatient day = Charge per inpatient day - Variable cost per inpatient day = $1,000 - $200 = $800

Breakeven point = Fixed costs / Contribution margin per inpatient day = $10,000,000 / $800 = 12,500 inpatient days

To provide a profit of $1,000,000, we need to find the volume at which the hospital's total contribution margin equals $11,000,000 ($10,000,000 fixed costs + $1,000,000 profit). In this case:

Total contribution margin = Contribution margin per inpatient day x Volume

$12,000,000 + $800V = $11,000,000

$800V = $11,000,000 - $12,000,000

$800V = -$1,000,000

V = -$1,000,000 / $800

V = -1250

To provide a profit of $500,000, we can use the same equation:

Total contribution margin = Contribution margin per inpatient day x Volume

$12,000,000 + $800V = $10,000,000

$800V = $10,000,000 - $12,000,000

$800V = -$2,000,000

V = -$2,000,000 / $800

V = -2500

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