An Outpatient Radiology reported net income for 2020 of $5.2 million on total revenues of $35 million. Depreciation expense totaled $1 million. What were the total expenses for 2020? What were the total cash expenses for 2020? (Hint: Assume that all expenses, except depreciation, were cash expenses.) What was the hospital’s 2020-estimated cash flow?

An Outpatient Radiology reported net income for 2020 of $5.2 million on total revenues of $35 million. Depreciation expense totaled $1 million. What were the total expenses for 2020? What were the total cash expenses for 2020? (Hint: Assume that all expenses, except depreciation, were cash expenses.) What was the hospital’s 2020-estimated cash flow?

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter6: Managing Cash Flow

Section: Chapter Questions

Problem 4DQ

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