Accounts receivable balance 3/1/20 $100,000

patient charges, month of March $60,000

assume 30 days in the month

Days in AR, 3/31/20 __________________________________

Gross charges $100

contractual adjustment $40

bad debt write off $10

amount collected from patient $50

What is the collection ratio?

Beginning cash balance (1/1/20) $200

Receipts during the month $700

Disbursements $400

Ending cash balance (1/31/20) _________