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6. Assume that Exhibits 6a and 6 sbow two hypothetical financial statements for your program for the year 2017 and 2018 Erhbit 6a 2017 2018

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6. Assume that Exhibits 6a and 6 sbow two hypothetical financial statements for your program for the year 2017 and 2018 Erhbit 6a 2017 2018 Current assets Cash and cash equivalents Net accounts receivables Inventories $300,000 S105,000 S100.000 3400000 $95.000 SOTO Noncurrent assets Plant property, and equipment Accumulated depreciation $1,050,000 $230,000 $120.000 $300.000 Current liabilities Accounts payable Salaries payable Notes payable $90,000 $80,000 $65,000 $100000 $75,000 $55,000 Long-term liabiliti $115,000 $130,000 Exhibit ob 2017 2018 Revenues Net patient service revenues Other revenues $650.000 $80,000 $800,000 $68,000 Expenses Salaries and wages Fringe benefits Interest expenses Insurance Medical supplies and drugs General services Others $250,450 $68,300 $61,810 $73,500 $140.360 $36.220 $11,400 $224,680 $74.080 $65.980 $76,580 $153,390 $56,350 $12,010 T 6.1 Name the previous two financial statements (Exhibit 6a and Exhibit 6b)? (1 point) 62. According to Exhibits 6b, what is the percentage change in the net patient service revenues, and salaries and wages from 2017 to 2018? (2 points) 63 Using the financial data presented in Exhibits 6a and 6b, calculate: (points) 6.3.1 Net assets in 2018 6.3.2 Current and quick ratios for 2018 6.33 The net income and working capital for 2017 6.3.4 Fixed Asset Tumover ratio for 2017 6.4 Based on your analysis, interpret the ability of your program to meet its short-term obligations with it liquid assets in 2018. (1 point)

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