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Organization's Name: Sloan Kettering (in ,000's) Fin Statement Field 2016 2015 Benefit Expense Cash & Cash Equivalents $458,454 $698,872 $1,671,295 $800,605 $263,964 $178,170 $48,724 $2,544,709 $3,140,818 $177,868 $5,730,977 $499,284 $2,564,674 $499,284 $3,802,192 $300,498 $457,287 $422,330 $1,551,944 $724,248 $232,866 $169,169 $49,401 $2,476,950 $3,284,853 $242,330 $5,533,963 $613,285 $2,309,175 $613,285 $3,506,316 $174,100 $0 Current Assets Current Liabilities Depreciation and Amortization Expense Excess of Revenues over Expenses Interest Expense Long-term debt Long-term Investments Marketable Securities Net Assets Net Patient Accounts Receivable Net Patient Revenues Net Receivables Operating Expense Operating Income (also use as net income) Principal Payments Salary Expense $0 $1,746,943 $9,891,492 $3,802,192 $3,980,362 $300,498 $116,114 $1,340,706 $8,040,077 $3,506,316 $3,675,485 $174,100 $605,027 Total Assets Total Operating Expense Total Operating Revenues Net Cash from Operating Activities Net Cash from Investing Activities Net Cash from Financing Activities $92,158 $506,536

Organization's Name: Sloan Kettering (in ,000's) Fin Statement Field 2016 2015 Benefit Expense Cash & Cash Equivalents $458,454 $698,872 $1,671,295 $800,605 $263,964 $178,170 $48,724 $2,544,709 $3,140,818 $177,868 $5,730,977 $499,284 $2,564,674 $499,284 $3,802,192 $300,498 $457,287 $422,330 $1,551,944 $724,248 $232,866 $169,169 $49,401 $2,476,950 $3,284,853 $242,330 $5,533,963 $613,285 $2,309,175 $613,285 $3,506,316 $174,100 $0 Current Assets Current Liabilities Depreciation and Amortization Expense Excess of Revenues over Expenses Interest Expense Long-term debt Long-term Investments Marketable Securities Net Assets Net Patient Accounts Receivable Net Patient Revenues Net Receivables Operating Expense Operating Income (also use as net income) Principal Payments Salary Expense $0 $1,746,943 $9,891,492 $3,802,192 $3,980,362 $300,498 $116,114 $1,340,706 $8,040,077 $3,506,316 $3,675,485 $174,100 $605,027 Total Assets Total Operating Expense Total Operating Revenues Net Cash from Operating Activities Net Cash from Investing Activities Net Cash from Financing Activities $92,158 $506,536

FINANCIAL ACCOUNTING
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

Using the shortened financial statement, which of the two hospitals (Sloan Kettering and Southeast) showed the:

 

a.  Largest percentage change in total operating revenue from 2015-2016 

 

b.  Largest percentage change in 2015-2016 total current assets? 

 

Please show the percentages you calculated for both hospitals  and identify which hospital's change is the largest.

Organization's Name: Sloan Kettering (in ,000's) Fin Statement Field 2016 2015 Benefit Expense Cash & Cash Equivalents $458,454 $698,872 $1,671,295 $800,605 $263,964 $178,170 $48,724 $2,544,709 $3,140,818 $177,868 $5,730,977 $499,284 $2,564,674 $499,284 $3,802,192 $300,498 $457,287 $422,330 $1,551,944 $724,248 $232,866 $169,169 $49,401 $2,476,950 $3,284,853 $242,330 $5,533,963 $613,285 $2,309,175 $613,285 $3,506,316 $174,100 $0 Current Assets Current Liabilities Depreciation and Amortization Expense Excess of Revenues over Expenses Interest Expense Long-term debt Long-term Investments Marketable Securities Net Assets Net Patient Accounts Receivable Net Patient Revenues Net Receivables Operating Expense Operating Income (also use as net income) Principal Payments Salary Expense Total Assets $0 Total Operating Expense Total Operating Revenues Net Cash from Operating Activities Net Cash from Investing Activities $1,746,943 $9,891,492 $3,802,192 $3,980,362 $300,498 $116,114 $1,340,706 $8,040,077 $3,506,316 $3,675,485 $174,100 $605,027 Net Cash from Financing Activities $92,158 $506,536
Transcribed Image Text:Organization's Name: Sloan Kettering (in ,000's) Fin Statement Field 2016 2015 Benefit Expense Cash & Cash Equivalents $458,454 $698,872 $1,671,295 $800,605 $263,964 $178,170 $48,724 $2,544,709 $3,140,818 $177,868 $5,730,977 $499,284 $2,564,674 $499,284 $3,802,192 $300,498 $457,287 $422,330 $1,551,944 $724,248 $232,866 $169,169 $49,401 $2,476,950 $3,284,853 $242,330 $5,533,963 $613,285 $2,309,175 $613,285 $3,506,316 $174,100 $0 Current Assets Current Liabilities Depreciation and Amortization Expense Excess of Revenues over Expenses Interest Expense Long-term debt Long-term Investments Marketable Securities Net Assets Net Patient Accounts Receivable Net Patient Revenues Net Receivables Operating Expense Operating Income (also use as net income) Principal Payments Salary Expense Total Assets $0 Total Operating Expense Total Operating Revenues Net Cash from Operating Activities Net Cash from Investing Activities $1,746,943 $9,891,492 $3,802,192 $3,980,362 $300,498 $116,114 $1,340,706 $8,040,077 $3,506,316 $3,675,485 $174,100 $605,027 Net Cash from Financing Activities $92,158 $506,536
Organization's Name: Southeast Hospital Fin Statement Field Benefit Expense Cash & Cash Equivalents 2016 2015 $29,648,348 $36,194,513 $131,394,245 $55,399,886 $27,188,048 $2,797,765 $7,077,079 $132,154,428 $0 $0 $117,939,512 $34,679,125 $324,083,915 $34,679,125 $345,961,256 $302,525 Current Assets Current Liabilities Depreciation and Amortization Expense Excess of Revenues over Expenses Interest Expense Long-term debt Long-term Investments $27,860,100 $23,218,391 $118,282,993 $60,046,555 $26,860,254 $489,269 $7,985,707 $120,634,884 $0 Marketable Securities $0 Net Assets Net Patient Accounts Receivable Net Patient Revenues $115,119,717 $36,592,593 $323,731,835 $36,592,593 $345,330,682 $292,066 $0 Net Receivables Operating Expense Operating Income (also use as net income) Principal Payments $0 Salary Expense Total Assets Total Operating Expense Total Operating Revenues $131,638,617 $3,153,337,321 $345,961,256 $3,542,556 $133,175,289 $305,483,709 $345,330,682 $2,320,660
Transcribed Image Text:Organization's Name: Southeast Hospital Fin Statement Field Benefit Expense Cash & Cash Equivalents 2016 2015 $29,648,348 $36,194,513 $131,394,245 $55,399,886 $27,188,048 $2,797,765 $7,077,079 $132,154,428 $0 $0 $117,939,512 $34,679,125 $324,083,915 $34,679,125 $345,961,256 $302,525 Current Assets Current Liabilities Depreciation and Amortization Expense Excess of Revenues over Expenses Interest Expense Long-term debt Long-term Investments $27,860,100 $23,218,391 $118,282,993 $60,046,555 $26,860,254 $489,269 $7,985,707 $120,634,884 $0 Marketable Securities $0 Net Assets Net Patient Accounts Receivable Net Patient Revenues $115,119,717 $36,592,593 $323,731,835 $36,592,593 $345,330,682 $292,066 $0 Net Receivables Operating Expense Operating Income (also use as net income) Principal Payments $0 Salary Expense Total Assets Total Operating Expense Total Operating Revenues $131,638,617 $3,153,337,321 $345,961,256 $3,542,556 $133,175,289 $305,483,709 $345,330,682 $2,320,660
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