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6. Assume that Exhibits 6a and 6b show two hypothetical financial statements for your program for the years 2019 and 2020 Exhabit 6a 2019 2020

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6. Assume that Exhibits 6a and 6b show two hypothetical financial statements for your program for the years 2019 and 2020 Exhabit 6a 2019 2020 Revenues Net patient service revenues $600,000$750,000 Other revenues 30,000 $18,000 Expenses Salaries and wages Fringe benefits Interest expenses $200,450S124,680 18,300 $24,080 S11,810 S15,980 $23,500 $26,580 $90,360 $103,390 6,220 $6,350 $1,400 $2,010 Medical supplies and drugs General services Others 2019 2020 Current assets Cash and cash equivalents Net accounts receivables Inventories $250,000 $350,000 $55,000 $45,000 S50,000 30,000 Nencurrent assets Plant, property, and equipment $1,000,00051,200,000 Accumalated depreciatio $200,000 $250,000 Current liabilities $40,000 $50,000 $30,000 525,000 15,000 55,000 Accounts payable Salaries payable Notes payable Long-term liabilities $65,000 580,000 6.1 Name the previous two financial statements (6a and 6b)? 62 According to Exhibits 6a, what is the percentage change in the net patient service revenues, and salaries and wages from 2019 to 2020? 63 Using the financial data presented in Exhibits 6a and 6b, calculate 6.3.1 Net assets in 2019 6.3.2 Current and quick ratios for 2019 6.3.3 The Return on Net Assets Ratio for 2020 6.3.4 Fixed Asset Turnover ratio for 2020 6.4 Based on your analysis, interpret the ability of your program to meet its short-term obligations with its most liquid assets in 2019

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