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4.4 Create Warren Clinics balance sheet: Warren Clinic Balance Sheet December 31, 2011 Assets Accounts receivable, net 60,000 Cash 30,000 Net Property and Equipment 150,000

4.4 Create Warren Clinics balance sheet:

Warren Clinic

Balance Sheet

December 31, 2011

Assets

Accounts receivable, net

60,000

Cash

30,000

Net Property and Equipment

150,000

Other Assets

40,000

Liabilities and Net Assets (Equity)

Accounts Payable

20,000

Long-term debt

120,000

Other long-term liabilities

10,000

Equity

230,000

4.5) Considering the balance sheet for BestCare HMO:

a) How does this balance sheet differ from the one presented in Exhibit 4.1 for Sunnyvale?

b) What is BestCares net working capital for 2011?

c) What is BestCares debt ratio? How does it compare with Sunnyvales debt ratio?

4.6) Considering the balance sheet for Green Valley Nursing Home:

a) How does this balance sheet differ from the ones presented in Exhibit 4.1 and Problem 4.5?

b) What is Green Valleys net working capital for 2011?

c) What is Green Valleys debt ratio? How does it compare with the debt ratios for Sunnyvale and BestCare?

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