A full-time 40 working hours employee makes 1500 an hour


1. A full-time (40 working hours) employee makes $15.00 an hour. What would the total annual compensation be if the base benefit was 30%?

2. The hospital paper filing system contained 20,890 records. A total of 456 were identified as misfiled. What is the percentage misfiled records?

3. The HIM department is looking to purchase an industrial shredder. Currently, an outside company comes in and shreds old documents twice a month at the cost of $18,000.00 per year. The department payback period is 4 years. The department’s return on investment (ROI) is 25 percent. The total cost of the shredder that the department would like to purchase is $9,355.00. Taking into consideration time, man-power, and the cost of running the equipment, the savings would be $2,653.00 per year. Would the shredder come out of the Operational Budget or the Capital Budget?

4. Miss Black is an inpatient coder who codes 40 hours per week. On the average she codes 7 records an hour. She earns $17.00 per hour. What is Miss Black's annual salary?

5. Miss Green is an Inpatient coder who codes 40 hours per week. On the average she codes 6 records an hour. She earns $14.50 per hour. How many records did Miss Green code per day (8 hour work day)?

6. Miss Black is an inpatient coder who codes 40 hours per week. On the average she codes 7 records an hour. She earns $17.00 per hour. How many records does Miss Black code per 40 hour work week?

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Financial Management: A full-time 40 working hours employee makes 1500 an hour
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