Hey all, I have a few random PCM questions before my test on monday, would love any insight:
1. The AHPP (418) explains that “Profit-to-Earnings Ratio” = net profit (before tax & distributions) / Net Operating Revenue. However, “earnings” are defined, on 410 and elsewhere, as the amount of profit left over after distributions, and this isn’t part of the equation. Am I right to say that this is really a Profit-to-Revenue ratio, or more simply just a %profit? A true Profit-to-Earnings ratio would be talking about how much profit you share with your employees, basically. (Also confusingly it is referred to as a P-E ratio elsewhere which, much more commonly, means Price-to-Earnings ratio for a stock)
2.AHPP (451) sets the requirement for COBRA coverage at 15+ employees, but all other sources I find say 20+. I’m assuming the AHPP is wrong here?
3. I saw a Black Spectacles video talking about an “RFS - Request for Services”, vs an RFP. I’ve never seen that term anywhere else - it’s not really even googlable - has anyone else?
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