Suppose that a clinic has third-party payer revenues of $10,000 a day. On average, it takes the clinic 50 days to collect from its payers. What will be the steady state receivables balance?
a. $ 10,000
b. $ 50,000
c. $250,000
d. $500,000
e. $750,000
2 answers
50,000
50000
0 answers