St.Charles Hospital,located in an upper-income neighborhood of a large city,recently received a restored mansion as a gift from an appreciative patient.The board of directors decided to remodel the mansion and use it as recuperative quarters for patients willing to pay for luxurious accommodations.The cost to the hospital of using the mansion includes

Question

Quizplus · Accepted Answer

The hospital received the mansion as a gift, but there are still costs associated with using it as recuperative quarters. The hospital will have to pay for upkeep including taxes, insurance, utilities, maintenance, etc. Additionally, the option of renting or selling the mansion is a factor in determining the cost to the hospital. Therefore, both options b and c are the cost of using the mansion to the hospital.

StCharles Hospital,located in an Upper-Income Neighborhood of a Large City,recently