please show formulas

4 Volume 7600 7475 7475 Formula Required 5 Revenues $7,600,000 $7,475,000 $2,450,000 Formula Required 56 Costs $7,200,000 $7,081,600 $7,350,000 Formula Required 6 Profit $400,000 $393,400 $100,000 Formula Required 18 15.12 pts) A provider notes that it takes 27days on average for Medicare to pay 80% of the Medicare Allowed Amounts for services. 20 Secondary Payers/Patients take an additional 18 days from the date of Medicare's payment to pay the remainder due. 71 Calculate the Average Collection Period. 72 Payer % Days to Pay ACP 7 Medicare formal Required 74 Secondary Formula Required 7 Total Formula Required 16 #16. (2 pts) A clinic bills insurance expecting to collect an average of $5,900 a day. It takes the clinic 62 days to collect from the insurer 7 What will be the average amount the clinic will show as its Accounts Receivable balance? AR BALANCE Formula Required 4 Volume 7600 7475 7475 Formula Required 5 Revenues $7,600,000 $7,475,000 $2,450,000 Formula Required 56 Costs $7,200,000 $7,081,600 $7,350,000 Formula Required 6 Profit $400,000 $393,400 $100,000 Formula Required 18 15.12 pts) A provider notes that it takes 27days on average for Medicare to pay 80% of the Medicare Allowed Amounts for services. 20 Secondary Payers/Patients take an additional 18 days from the date of Medicare's payment to pay the remainder due. 71 Calculate the Average Collection Period. 72 Payer % Days to Pay ACP 7 Medicare formal Required 74 Secondary Formula Required 7 Total Formula Required 16 #16. (2 pts) A clinic bills insurance expecting to collect an average of $5,900 a day. It takes the clinic 62 days to collect from the insurer 7 What will be the average amount the clinic will show as its Accounts Receivable balance? AR BALANCE Formula Required