Consider this balance sheet:Green Valley Nursing Home, Inc.Balance SheetDecember 31, 2015Current Liabilities:Accounts payableAccrued expensesNotes payableTotal current liabilitiesAssetsLong-term debtCurrent Assets:CashShort-term investmentsNet patient accounts receivableSuppliesTotal current assetsProperty and equipment$ 105,737Total liabilitiesShareholders' Equity:200,000215,600Common stock, $10 par valueRetained earnings87,655$ 608,992Less accumulated depreciation$2,250,000356,000Net property and equipmentTotal assets$1,894,000$2,502,992Liabilities and Shareholders'EquityTotal shareholders' equityTotal liabilities and shareholders'equity$72,250192,900180,000EXHIBIT 4.1SunnyvaleClinic:Balance SheetsDecember 31,2015 and 2014$ 445,1501,700,000$2,145,150$ 100,000(in thousands)257,842$ 357,842$2,502,992a. How does this balance sheet differ from the ones presented inExhibit 4.1 and Problem 4.5?b. What is Green Valley's net working capital for 2015?c. What is Green Valley's debt ratio? How does it compare with thedebt ratios for Sunnyvale and BestCare?Reference to A.AssetsCurrent Assets:Cash and cash equivalentsShort-term investmentsNet patient accounts receivableInventoriesTotal current assetsLong-term investmentsNet property and equipmentTotal assetsLiabilities and EquityCurrent Liabilities:Notes payableAccounts payableAccrued expensesTotal current liabilitiesLong-term debt20152014$ 12,102$ 6,48610,0005,00028,5093,69525,9272,302$ 39,71548,05952,450$154,81525,83749,549$115,101$ 54,306$ 4,334$ 3,3455,0226,0696,9335,037$ 15,31553,578$ 15,42585,3224.5 Consider the following balance sheet:BestCare HMOBalance SheetJune 30, 2015(in thousands)AssetsReference to A.Liabilities and Net AssetsAccounts payable-medicalservicesAccrued expensesNotes payableTotal liabilities$100,747Net assets (Equity)54,068$ 68,89346,208$2,145Total liabilities and equity$154,815$115,101929382Current Assets:Total current liabilities$3,456Cash$2,737Net premiums receivable821Long-term debt4,295Supplies387Total liabilities$7,751Total current assets$3,945Net assets unrestricted (equity)2,118Net property and equipment5,924Total liabilities and net assets$9,869Total assets$9,869

Balance sheet is a financial statement which reports assets, liabilities and equity of a firm at the…

Liabilities and Shareholders' Equity Consider this balance sheet: Assets Green Valley Nursing Home, Inc. Current Assets: Cash Balance Sheet December 31, 2015 Short-term investments Net patient accounts receivable Supplies Total current assets Property and equipment Current Liabilities: Accounts payable Accrued expenses Notes payable Total current liabilities Long-term debt $ 105,737 Total liabilities Shareholders' Equity: 200,000 215,600 87,655 $ 608,992 $2,250,000 Less accumulated depreciation 356,000 Net property and equipment Total assets $1,894,000 $2,502,992 Common stock, $10 par value Retained earnings Total shareholders' equity Total liabilities and shareholders' equity $ 72,250 192,900 180,000 $ 445,150 1,700,000 $2,145,150 $ 100,000 257,842 $ 357,842 $2,502,992 a. How does this balance sheet differ from the ones presented in Exhibit 4.1 and Problem 4.5? b. What is Green Valley's net working capital for 2015? c. What is Green Valley's debt ratio? How does it compare with the debt ratios for Sunnyvale and BestCare? EXHIBIT 4.1 Assets Sunnyvale Clinic: Current Assets: Balance Sheets December 31, 2015 and 2014 (in thousands) Cash and cash equivalents Short-term investments Net patient accounts receivable Inventories Total current assets Current Liabilities: Notes payable Accounts payable 2015 2014 $ 12,102 $ 6,486 10,000 5,000 28,509 3.695 25.927 2,302 $54.306 $ 39.715 Long-term investments Reference to A Net property and equipment Total assets 48,059 52.450 $154,815 25,837 49.549 $115,101 Liabilities and Equity $ 4.334 Accrued expenses 5,022 6,069 $ 3.345 6,933 5.037 Total current liabilities $15.425 $15.315 Long-term debt 85,322 53.578 4.5 Consider the following balance sheet: BestCare HMO Balance Sheet June 30, 2015 (in thousands) Assets Reference to A Liabilities and Net Assets Accounts payable-medical services Accrued expenses Notes payable Total liabilities $100,747 $68,893 Net assets (Equity) 54,068 46,208 $2,145 Total liabilities and equity $154,815 $115,101 929 382 Current Assets: Cash $2,737 Total current liabilities $3,456 Net premiums receivable 821 Long-term debt 4,295 Supplies 387 Total liabilities $7,751 Total current assets $3,945 Net assets-unrestricted (equity) 2,118 Net property and equipment 5,924 Total liabilities and net assets $9,869 Total assets $9,869