EBK HEALTHCARE FINANCE: AN INTRODUCTIO
6th Edition
ISBN: 9781567938111
Author: Gapenski
Publisher: VST
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The Edwards Lake Community Hospital balance sheet as of December 31, 2019, follows.
EDWARDS LAKE COMMUNITY HOSPITAL
Balance Sheet
As of December 31, 2019
Assets
Current assets:
Cash and Cash Equivalents
$
485,400
Accounts and notes receivable (net of uncollectible accounts of $17,500)
28,200
Inventory
98,200
Total current assets
611,800
Assets limited as to use:
Cash
$
18,840
Investments
237,720
Total assets limited as to use
256,560
Property, plant, and equipment:
Land
218,600
Buildings (net of accumulated depreciation of $1,624,700)
2,901,500
Equipment (net of accumulated depreciation of $1,026,200)
1,862,200
Total property, plant, and equipment
4,982,300
Total assets
$
5,850,660…
This is the financial position of Hospital AMIH, Inc. regarding the repayment of its debts. These are the most relevant data of its financial statements:
Total revenues $ 245,000
Total expenses $ 145,000
Depreciation $ 10,000
Changes in receivable accounts +$ 50,000
Changes in inventory ($ 20,000)
Changes in accounts payable ($ 25,000)
Total current liabilities $ 30,000
Total long-term debt $ 45,000
Calculate the operating cash flow. Show the computations of how you arrived at the result, otherwise you will not receive the full score.
Calculate the cash flow to total debt. Show the computations of how you arrived at the result, otherwise you will not receive the full score.
Interpret the result of part b. Is it favorable or unfavorable for the company? Explain.
This is the financial position of Hospital AMIH, Inc. regarding the repayment of its debts. These are the most relevant data of its financial statements:
Total revenues $ 245,000
Total expenses $ 145,000
Depreciation $ 10,000
Changes in receivable accounts +$ 50,000
Changes in inventory ($ 20,000)
Changes in accounts payable ($ 25,000)
Total current liabilities $ 30,000
Total long-term debt $ 45,000
cash flow (total margin + depreciation expense) + interest expense/principal payment + interest expense
Calculate the operating cash flow.
Chapter 4 Solutions
EBK HEALTHCARE FINANCE: AN INTRODUCTIO
Ch. 4 - Prob. 1.1STQCh. 4 - Prob. 1.2STQCh. 4 - Prob. 1.3STQCh. 4 - Prob. 1.4STQCh. 4 - Prob. 2.1STQCh. 4 - Prob. 2.2STQCh. 4 - Prob. 2.3STQCh. 4 - Prob. 2.4STQCh. 4 - Prob. 2.5STQCh. 4 - Prob. 3.1STQ
Ch. 4 - Prob. 3.2STQCh. 4 - Prob. 3.3STQCh. 4 - Prob. 3.4STQCh. 4 - Prob. 3.5STQCh. 4 - Prob. 4.1STQCh. 4 - Prob. 4.2STQCh. 4 - Prob. 4.3STQCh. 4 - Prob. 4.4STQCh. 4 - Prob. 5.1STQCh. 4 - Prob. 5.2STQCh. 4 - Prob. 5.3STQCh. 4 - Prob. 5.4STQCh. 4 - Prob. 6.1STQCh. 4 - Prob. 6.2STQCh. 4 - Prob. 6.3STQCh. 4 - Prob. 7.1STQCh. 4 - Prob. 7.2STQCh. 4 - Prob. 7.3STQCh. 4 - Prob. 4.1QCh. 4 - Prob. 4.2QCh. 4 - Prob. 4.3QCh. 4 - Prob. 4.4QCh. 4 - Prob. 4.5QCh. 4 - Prob. 4.6QCh. 4 - Prob. 4.7QCh. 4 - Prob. 4.8QCh. 4 - Prob. 4.9QCh. 4 - Prob. 4.1PCh. 4 - Prob. 4.2PCh. 4 - Prob. 4.3PCh. 4 - Prob. 4.4PCh. 4 - Prob. 4.5PCh. 4 - Prob. 4.6PCh. 4 - Prob. 4.7PCh. 4 - Prob. 4.8PCh. 4 - Prob. 4.9P
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