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2. Suppose a hospital is given a grant of 1.5 million dollars from the federal g

ID: 3062989 • Letter: 2

Question

2. Suppose a hospital is given a grant of 1.5 million dollars from the federal government for improvements in care. The managers at the hospital have to determine which departments receive what share of the grant. The following table is a proposed budgetary allocation for each of the main 4 departments at the hospital. Department Proposed Share of Grant Surgery $1,020,000.00 Emergency $255,000.00 Pediatrics $150,000.00 Pharmacy $75,000.00 a. What proportion of the funding will potentially go to the pediatrics department? b. What proportion of funding will go to all departments other than surgery?

Explanation / Answer

Total Grand = $1.5 million = $1500000

a) Propertion of funding will potentially go the pediatrics department = 10%.

b) Propertion of funding will go to all departents other than surgery

= 100% - Propertion of funding will go to all departents surgery

=100 - ( 68%)

= 32%

Department Sharing amount of grand Propertion of Sharing amount of grand = ( sharing amount) / (total Grand) Surgery $1020000 68% Emergency $255000 17% Pediatrics $150000 10% Pharmacy $75000 5% Total $1500000 100%
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