Home Infusion provides an average of 11 home health visits a day at an average...

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Finance

Home Infusion provides an average of 11 home health visits a day at an average net charge of $104 per visit. They provide services approximately 250 days per year. All services are paid by two third-party payers: One pays for 51 percent of the billing 18 days after the service is provided and the second pays for the remaining billings in 28 days. Average cost of debt (i.e. the interest rate on bank loans) is 4%.

What are the companys annual billings?

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