ASSETS CURRENT ASSETS Cash and Cash Equivalents Assets Whose Use is Limited Patients Accounts Receivable (Net of $1,300,000 Allowance for Doubtful Accounts) Other Receivables Inventories Prepaid Insurance Total Current Assets Property, Plant and Equipment, Net Land Buildings Equipment Other Assets Investments Total Assets BALANCE SHEET FOR THE YEAR ENDED DECEMBER 31, 2018 $ $ $ 190,000 - 250,000 25,000 5,000 470,000 100,000 260,000 360,000 133,000 963,000 LIABILITIES and FUND BALANCE CURRENT LIABILITIES Current Maturities of Long Term Debt Accounts Payable & Accrued Expenses Total Current Liabilities Long Term Debt Less Current Portion of Long Term Debt Net Long Term Debt Total Liabilities Fund Balances Unrestricted Fund Balance Restricted Fund Balance Total Liabilities and Fund Balances $ $ 52,000 293,000 345,000 252,000 (52,000) 200,000 545,000 418,000 963,000 | | REVENUE STATEMENT OF REVENUE AND EXPENSES FOR THE YEAR ENDED DECEMBER 31, 2018 Net Patient Service Revenue Other Revenue EXPENSES TOTAL OPERATING REVENUE Medical Surgical Services Therapy Services Other Professional Services Support Services General Services Depreciation Interest TOTAL EXPENSES INCOME FROM OPERATIONS NON-OPERATING GAIN (LOSS) Interest Income NONOPERATING GAINS, NET REVENUE AND GAINS IN EXCESS OF EXPENSES AND LOSSES INCREASE IN UMRESTRICTED FUND BALANCE 2,000,000 600,000 860,000 80,000 220,000 65,000 40,000 20,000 5,000 $ $ $ $ 2,000,000 1,885,000 115,000 5,000 120,000 120,000 1. Calculate the Current Ratio Current Assets Current Liabilities 2. Calculate the Quick Ratio. Cash & cash Equivalents + Net Receivable Current Liabilities 3. Calculate Days Cash on Hand Unrestricted Cash & Cash Equivalents Cash Operation Exp/No. of Days in Period 4. Calculate Days Receivable Net Receivables Net Credit Revenue/No. of Days in Period 5. Calculate Liabilities to Fund Balance (Debt to Net Worth) Total Liabilities Unrestricted Fund Balances