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1. A. Re-order the data in proper Income Statement format. B. Calculate the Net Income, Profit Margin. C. How can NI&PM results be interpreted? Investment
1. A. Re-order the data in proper Income Statement format. B. Calculate the Net Income, Profit Margin. C. How can NI&PM results be interpreted? Investment Income $40,000 Total expenses $420000 Provision for bad debts $40,000 Salaries and benefits $150,000 Patient Services revenues $440,000 Interest Expense $20,000 Depreciation Expense $90,000 General/administrative expenses $70,000 Purchased Clinic Services $90,000 Other Revenue $10,000 Net Operating Revenues $410,000
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