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Below you are provided Ending Balances from 2019 financial statements for your not-for-profit hospital Hint: the below information is necessary for you to complete the

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Below you are provided Ending Balances from 2019 financial statements for your not-for-profit hospital Hint: the below information is necessary for you to complete the assignment. INSTRUCTIONS 1 Complete the journal entries und conerponding T account records that are provided to you in "Journal Entries" woksheet 2 By using the Information provided to you fill out Not-for-Profit Ledger including the beginning and ending balances 3 By using the information provided to you and information that you generated in the ledger, prepare your The Balance Sheet and The Income Statenent as o 4 By using the information provided to you and information that you generated, prepare your Cash Flow statement as of December 312020 by utilizing the Stz Hint: Please use the direct method for your Cash Flow Statement 5 Calculate Common Size Ratios for your The Balance Sheet and The Income Statement and interpret the results Hint: Please use the Total Assets as Balance Sheet's denominator and Total Reveneues from Operations as Income Statement's denominator 6 Calculate Liquidty. Solvency, Efficiency and Profitability ratios for your The Balance Sheet and The Income Statenent und interpret the results JOERNAL ENTRIES 18. No EVTEa!s Axsels LEDGER ACCOUNT (x 1000) \begin{tabular}{|l|l|l|l|l|l|l|l|l|l|l|l|l|l|} \hline \multicolumn{2}{c|}{ Liabilities Ret Assets } & & & & \\ \hline & & & & & & & & & \\ \hline \end{tabular} VULCAN COMMUNITY HOSPITAL Operating Statement For the Year Ending December 31, 2020 \begin{tabular}{|l|c|l|} \hline & % & Amount \\ \hline Revenues & & \\ \hline Net Patient Services Revenue & & \\ \hline Premium Revenue & & \\ \hline Other Operating Revenue & & \\ \hline Total Reveneues from Operations & & \\ \hline Operating Expenses & & \\ \hline Salaries and Benefits & & \\ \hline Medical Supplies and Drugs & & \\ \hline Insurance & & \\ \hline Depreciation & & \\ \hline Interest & & \\ \hline Provision for Bad Debts & & \\ \hline Other Operating Expenses & & \\ \hline Total Expenses from Operations & & \\ \hline Excess of Revenues Over Expenses & & \\ \hline Unrestricted Contributions & & \\ \hline Transfer to parents & & \\ \hline Net Income & & \\ \hline Common size ratios' comments: & & \\ \hline \end{tabular} VULCAN COMMUNITY HOSPITAL Balance Sheet As of December 31, 2020 Commen size ratios' comments: VULCAN COMMUNITY HOSPITAL Statement of Cash Flows For the Year Ending December 31, 2020 \begin{tabular}{|l|l|} \hline Cash Flows from Operating Activities & \\ \hline Collections & \\ \hline Payments to Sellers & \\ \hline Payments to Employees & \\ \hline Insurance Payments & \\ \hline Interest Payments & \\ \hline Net Cash from Operating Activities & \\ \hline & \\ \hline Cash Flows from Investing Activities & \\ \hline Purchase of New Equipment & \\ \hline Net Cash Used for Investing Activities & \\ \hline & \\ \hline Cash Flows from Financing Activities & \\ \hline Payment of mortgage principal & \\ \hline Net Cash from Financing Activities & \\ \hline \\ \hline NET INCREASE/(DECREASE) IN CASH & \\ \hline CASH, BEGINNING OF YEAR & \\ \hline CASH, END OF YEAR & \\ \hline \end{tabular} Below you are provided Ending Balances from 2019 financial statements for your not-for-profit hospital Hint: the below information is necessary for you to complete the assignment. INSTRUCTIONS 1 Complete the journal entries und conerponding T account records that are provided to you in "Journal Entries" woksheet 2 By using the Information provided to you fill out Not-for-Profit Ledger including the beginning and ending balances 3 By using the information provided to you and information that you generated in the ledger, prepare your The Balance Sheet and The Income Statenent as o 4 By using the information provided to you and information that you generated, prepare your Cash Flow statement as of December 312020 by utilizing the Stz Hint: Please use the direct method for your Cash Flow Statement 5 Calculate Common Size Ratios for your The Balance Sheet and The Income Statement and interpret the results Hint: Please use the Total Assets as Balance Sheet's denominator and Total Reveneues from Operations as Income Statement's denominator 6 Calculate Liquidty. Solvency, Efficiency and Profitability ratios for your The Balance Sheet and The Income Statenent und interpret the results JOERNAL ENTRIES 18. No EVTEa!s Axsels LEDGER ACCOUNT (x 1000) \begin{tabular}{|l|l|l|l|l|l|l|l|l|l|l|l|l|l|} \hline \multicolumn{2}{c|}{ Liabilities Ret Assets } & & & & \\ \hline & & & & & & & & & \\ \hline \end{tabular} VULCAN COMMUNITY HOSPITAL Operating Statement For the Year Ending December 31, 2020 \begin{tabular}{|l|c|l|} \hline & % & Amount \\ \hline Revenues & & \\ \hline Net Patient Services Revenue & & \\ \hline Premium Revenue & & \\ \hline Other Operating Revenue & & \\ \hline Total Reveneues from Operations & & \\ \hline Operating Expenses & & \\ \hline Salaries and Benefits & & \\ \hline Medical Supplies and Drugs & & \\ \hline Insurance & & \\ \hline Depreciation & & \\ \hline Interest & & \\ \hline Provision for Bad Debts & & \\ \hline Other Operating Expenses & & \\ \hline Total Expenses from Operations & & \\ \hline Excess of Revenues Over Expenses & & \\ \hline Unrestricted Contributions & & \\ \hline Transfer to parents & & \\ \hline Net Income & & \\ \hline Common size ratios' comments: & & \\ \hline \end{tabular} VULCAN COMMUNITY HOSPITAL Balance Sheet As of December 31, 2020 Commen size ratios' comments: VULCAN COMMUNITY HOSPITAL Statement of Cash Flows For the Year Ending December 31, 2020 \begin{tabular}{|l|l|} \hline Cash Flows from Operating Activities & \\ \hline Collections & \\ \hline Payments to Sellers & \\ \hline Payments to Employees & \\ \hline Insurance Payments & \\ \hline Interest Payments & \\ \hline Net Cash from Operating Activities & \\ \hline & \\ \hline Cash Flows from Investing Activities & \\ \hline Purchase of New Equipment & \\ \hline Net Cash Used for Investing Activities & \\ \hline & \\ \hline Cash Flows from Financing Activities & \\ \hline Payment of mortgage principal & \\ \hline Net Cash from Financing Activities & \\ \hline \\ \hline NET INCREASE/(DECREASE) IN CASH & \\ \hline CASH, BEGINNING OF YEAR & \\ \hline CASH, END OF YEAR & \\ \hline \end{tabular}

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