Notes and Loans Payable Accounts Payable Accrued Compensation and Related Liabili $ Other Accrued Expenses Advances from Third Party Payors Payables to Third Party Payors Due to Restricted Funds Income Taxes Payable Other Current Liabilities Current Maturities of Long Term Debt TOTAL CURRENT LIABILITIES DEFERRED CREDITS: Deferred Income Taxes Deferred Third Party Revenue Other Deferred Credits TOTAL DEFERRED CREDITS LONG TERM DEBT $ SSSSSS Mortgage Payable Construction Loans-Interim Financing $ $ $ $ $ $ $ $ $ $ $ SSSS $ $ Notes Payable Capitalized Lease Obligations Bonds Payable Notes and Loans Payable to Parent Noncurrent Liabilities TOTAL Less Current Maturities of Long Term Debt $ TOTAL LONG TERM DEBT $ $ $ $ $ $ 4,666,218.00 3,338,432.00 226,541.00 1,204,307.00 9,435,498.00 1,933,326.00 1,933,326.00 1,362,434.00 69,331,239.00 70,693,673.00 70,693,673.00

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

 Calculate Debt to Equity Ratio? Is it possible to have a (%) over 100% for debt to equity?

CURRENT LIABILITIES
Notes and Loans Payable
$
Accounts Payable
$
Accrued Compensation and Related Liabili $
Other Accrued Expenses
$
Advances from Third Party Payors
Payables to Third Party Payors
Due to Restricted Funds
Income Taxes Payable
Other Current Liabilities
Current Maturities of Long Term Debt
TOTAL CURRENT LIABILITIES
Deferred Income Taxes
Deferred Third Party Revenue
Other Deferred Credits
TOTAL DEFERRED CREDITS
DEFERRED CREDITS:
Mortgage Payable
Construction Loans-Interim Financing
Preferred Stock
Common Stock
LONG TERM DEBT
Additional Paid In Stock
is siis isis is is is iss
Retained Earnings (Capital Account for
Partnership or Sole Proprietorship)
$
Less Treasury Stock
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY
$
$
$
$
$
$
$
ssss
$
$
Notes Payable
Capitalized Lease Obligations
Bonds Payable
Notes and Loans Payable to Parent
Noncurrent Liabilities
$
TOTAL
$
Less Current Maturities of Long Term Debt $
TOTAL LONG TERM DEBT
$
$
SSSSSSS
$
$
$
$
EQUITY (INVESTOR OWNED)
$
$
$
$
$
4,666,218.00
3,338,432.00
226,541.00
1,204,307.00
9,435,498.00
1,933,326.00
1,933,326.00
1,362,434.00
69,331,239.00
70,693,673.00
70,693,673.00
12,484,608.00
12,484,608.00
94,547,105.00
Transcribed Image Text:CURRENT LIABILITIES Notes and Loans Payable $ Accounts Payable $ Accrued Compensation and Related Liabili $ Other Accrued Expenses $ Advances from Third Party Payors Payables to Third Party Payors Due to Restricted Funds Income Taxes Payable Other Current Liabilities Current Maturities of Long Term Debt TOTAL CURRENT LIABILITIES Deferred Income Taxes Deferred Third Party Revenue Other Deferred Credits TOTAL DEFERRED CREDITS DEFERRED CREDITS: Mortgage Payable Construction Loans-Interim Financing Preferred Stock Common Stock LONG TERM DEBT Additional Paid In Stock is siis isis is is is iss Retained Earnings (Capital Account for Partnership or Sole Proprietorship) $ Less Treasury Stock TOTAL EQUITY TOTAL LIABILITIES AND EQUITY $ $ $ $ $ $ $ ssss $ $ Notes Payable Capitalized Lease Obligations Bonds Payable Notes and Loans Payable to Parent Noncurrent Liabilities $ TOTAL $ Less Current Maturities of Long Term Debt $ TOTAL LONG TERM DEBT $ $ SSSSSSS $ $ $ $ EQUITY (INVESTOR OWNED) $ $ $ $ $ 4,666,218.00 3,338,432.00 226,541.00 1,204,307.00 9,435,498.00 1,933,326.00 1,933,326.00 1,362,434.00 69,331,239.00 70,693,673.00 70,693,673.00 12,484,608.00 12,484,608.00 94,547,105.00
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