Statement of cash flows. The following are account balances (in thousands) at December 31, 20X1, for Hilltop
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Statement of cash flows. The following are account balances (in thousands) at December 31, 20X1, for Hilltop Hospital. Prepare a statement of cash flows for the year ended December 31, 20X1. (Hint: the amounts have been stated as positive or negative numbers as they affect cash flow.)
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Givens (in '000s) Increase in prepaid expenses ($8,000) Increase in accrued expenses $6,000 Cash and cash equivalents at beginning of the year $62,000 Proceeds from restricted contribution $119,000 Change in net assets $12,000 Increase in net account receivables ($27,000) Sale of equipment $46,000 Decrease in other current liabilities ($6,100) Depreciation $43,000 Decrease in inventory $8,000 Purchase of long-term investments ($111,000) Payments on long-term debt ($72,000) Decrease in accounts payable ($13,000)
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Related Book For
Financial Management Of Health Care Organizations
ISBN: 9781118466568
4th Edition
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas
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