Shady Rest nursing home has just acquired a home health firm for $850,000 in cash. The balance

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Shady Rest nursing home has just acquired a home health firm for $850,000 in cash. The balance sheet of the home health firm looked as follows just before the acquisition:

Assume that the fair market value of the net fixed assets is $300,000 and fair market value of current assets is

$200,000. Describe how this acquisition might be reflected on the balance sheet of Shady Rest.

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Essentials Of Health Care Finance

ISBN: 9781284094633

8th Edition

Authors: William O. Cleverley, James O. Cleverley

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Question Posted: Jul 24, 2024 05:00 AM

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Shady Rest nursing home has just acquired a home health firm for $850,000 in cash. The balance

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Essentials Of Health Care Finance

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