Question
1)Place the following entries in the proper order and calculate the hospitals total revenue, expenses, and income. 2) What is THE Hospital's total profit margin?
1)Place the following entries in the proper order and calculate the hospitals total revenue, expenses, and income.
2) What is THE Hospital's total profit margin?
3) If depreciation increased by $5,000 in this year, how would cash flow change- would it increase/decrease/or stay the same? Why? Assume all else remains constant.
4) AtDecember 31, 20110, THE Hospital had total debt of $200,000 and total equity $50,000. What is debt to equity ratio of the hospital?
Net income: $275,000
Salaries and benefits: $250,000
Depreciation: $50,000
Net patient service revenue: $500,000
Bad debt expense: $10,000
Interest revenue: $45,000
Purchased clinical services: $10,000
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