Question
Balance sheet Basics- A hospitals balance sheet Current assets Cash $150000 Investment $175000 Net Patient account receivable A Supplies $90000 Total current assets $740000 Property
Balance sheet Basics- A hospitals balance sheet
Current assets
Cash $150000
Investment $175000
Net Patient account receivable A
Supplies $90000
Total current assets $740000
Property & equipment $2500000
Less accumulated depreciation $530000
Net property & equipment $1970000
Total assets B
Liabilities & Stakeholders equity
Current Liabilities:
Account payable $100000
Accrued expenses $180000
Note payable $150000
Current portion of long term debt $80000
Total current liabilities $510000
Long term debt C
Equity $435000
Total liabilities & shareholders equity D
a) What are the values of A,B,C,D?
b) What is hospitals net working capital & debt ratio?
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TS 16949 Insights From A Third Party Auditor With A Process Approach Audit Checklist
Authors: Karen Welch
1st Edition
0873896548, 978-0873896542
