1. The cost per patient day is obtained by:
a. Subtracting net income from total patient days
b. Dividing total expenses by daily average census
c. Dividing total expenses by total patient days
d. Multiplying total expenses by number of admissions
2. A new dryer cost $2,650.00 and has a useful life of 7 years. How much depreciation is deducted on a yearly basis using the straight-line method of depreciation? (Round to the nearest dollar)
a. $325
b. $350
c. $379
d. $392