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Business Finance EBK HEALTHCARE FINANCE: AN INTRODUCTION

The balance sheet for W clinic as on December 31, 2015. Introduction: ‘Balance Sheet’ shows the liabilities, assets and equity of a company at a particular point of time. Assets are the items that the company own, liability is the obligation of the company and equity is the net assets i.e. the difference between the assets and the liabilities. Balance Sheet of W. Clinic As on December 31, 2015 Equity and Liabilities $ Assets $ Equity 230,000 Cash 30,000 Total Equity (A) 230,000 Accounts receivable, net 60,000 Accounts payable 20,000 Long-term investments 100,000 Long-term debt 120,000 Net property and equipment 150,000 Other long-term liabilities 10,000 Other assets 40,000 Total Liabilities (B) 150,000 Total equity and liabilities [(A) + (B)] 380,000 Total assets 380,000

The balance sheet for W clinic as on December 31, 2015. Introduction: ‘Balance Sheet’ shows the liabilities, assets and equity of a company at a particular point of time. Assets are the items that the company own, liability is the obligation of the company and equity is the net assets i.e. the difference between the assets and the liabilities. Balance Sheet of W. Clinic As on December 31, 2015 Equity and Liabilities $ Assets $ Equity 230,000 Cash 30,000 Total Equity (A) 230,000 Accounts receivable, net 60,000 Accounts payable 20,000 Long-term investments 100,000 Long-term debt 120,000 Net property and equipment 150,000 Other long-term liabilities 10,000 Other assets 40,000 Total Liabilities (B) 150,000 Total equity and liabilities [(A) + (B)] 380,000 Total assets 380,000

Solution Summary: The author explains the balance sheet for W clinic as on December 31, 2015. Assets are the items that the company own, liability is the obligation, and equity the net assets — the difference between the assets and liabilities.

EBK HEALTHCARE FINANCE: AN INTRODUCTION

EBK HEALTHCARE FINANCE: AN INTRODUCTION

6th Edition

ISBN: 9781567937428

Author: Gapenski

Publisher: YUZU

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EBK HEALTHCARE FINANCE: AN INTRODUCTION

Ch. 4 - Prob. 1.1STQ Ch. 4 - Prob. 1.2STQ Ch. 4 - Prob. 1.3STQ Ch. 4 - Prob. 1.4STQ Ch. 4 - Prob. 2.1STQ Ch. 4 - Prob. 2.2STQ Ch. 4 - Prob. 2.3STQ Ch. 4 - Prob. 2.4STQ Ch. 4 - Prob. 2.5STQ Ch. 4 - Prob. 3.1STQ

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