Cash Flow Statement Statement of Changes in Net Assets (in '000s) For the Year Ended September 30, 2016 9 30 2016 Unrestricted net assets Excess of revenues over expenses Unrestricted contributions 0 Transfer to parent corporation Change in unrestricted net assets 0 Temporarily restricted net assets Net assets released from temporary restriction Change in temporarily restricted net assets 0 Permanently restricted net assets 0 Change in permanently restricted net assets 0 Increase in net assets 0 Beginning balance, net assets Ending balance, total net assets $0 Balance Sheet (in '000s) For the Year Ended September 30, 2016 9 30 2016 Current assets Cash and cash equivalents Net accounts receivable Inventory Total current assets Gross plant, property, and equipment (less accumulated depreciation) Net plant, property equipment Long term investments Total assets $0 Current liabilities Accounts payable Wages payable Total current liabilities Long term debt Total liabilities Net assets Ending balance, unrestricted net assets Ending balance, temporarily restricted net assets Total net assets Total liabilities and net assets $0 Profit and Loss Statement Statement of Operations (in '000s) For the Year Ended September 30, 2016 9 30 2016 Unrestricted revenues Patient revenues (net of contractuals) Provision for bad debt expense Net patient revenues Net assets released from temporary restriction Total revenues Operating expenses Labor expense General expense Supply expense Depreciation expense Interest expense Total operating expenses Excess of revenues over expenses Transfer to parent corporation Increase in unrestricted net assets $0 Healthcare Financial Management and Economics To prepare forthls Assignment Week 7 Assignment Chester Medical Center Examine the data lrom Chester Medical Center Reect on how you will use this data to develop a Balance Sheet, Prolit and Loss Statement and Cash Flow Statement Refer to the course text for additional guidance Assignment Developing Financial Statements All organizations inctuding those in the health Ire industry need to make money to be protable and survive Financial statements such as balance sheets prot and loss statements and cash '7' statements summarize 5 protability 3 an organization's overall nancial status For this Assignment you practice developing three key nancial statements using data from the Chester Medial Center chest Ir Medical Condor Chester Meditnl Center is a large mid western acute are and ambulatory facility serving an urban city population The Assignment 3 ' ' M mm Complete a Balance Sheet Prot and Los Statement (Statement of Operations) and cm ism Cash Ftow Statemem (Statement ot Changes in Net Assets) using the Week 7 Financial Patienlrlv I s rm m mus) mama Statement Excel Template located in the Learning Resources Net amunta rumble $15M EMW bah M me mm 'l 1 am Your Assignment Is due by Day 7 of Week 7 Wags pay bin $7 1m inn may $4 4m Lawn rm am mmn Sunny nuance xztmn Gmsphl M and Iquipnwnl mama Net aasgu man am mmmmm gum Democrat m 31 QM emu nut a name Trailer m Danni mammalian ( Ami 3 9mm Mam llIllmd Miami 1 seem Armin any at zmn i bil tun mnmd It eogmmg am Mr 71 5mm mum Inn nae slam idiot my $105 mam mm Harm mgmn maxim m1 mnmd mum Ewing balillDI unmm mutants '15 To prepare for this Assign merit

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 06, 2024

Cash Flow Statement Statement of Changes in Net Assets (in '000s) For the Year Ended September 30, 2016 9/30/2016 Unrestricted net assets Excess of revenues

Cash Flow Statement

Statement of Changes in Net Assets (in '000s)

For the Year Ended September 30, 2016

9/30/2016

Unrestricted net assets

Excess of revenues over expenses

Unrestricted contributions

Transfer to parent corporation

Change in unrestricted net assets

Temporarily restricted net assets

Net assets released from temporary restriction

Change in temporarily restricted net assets

Permanently restricted net assets

Change in permanently restricted net assets

Increase in net assets

Beginning balance, net assets

Ending balance, total net assets

Balance Sheet (in '000s)

For the Year Ended September 30, 2016

9/30/2016

Current assets

Cash and cash equivalents

Net accounts receivable

Inventory

Total current assets

Gross plant, property, and equipment

(less accumulated depreciation)

Net plant, property & equipment

Long-term investments

Total assets

Current liabilities

Accounts payable

Wages payable

Total current liabilities

Long-term debt

Total liabilities

Net assets

Ending balance, unrestricted net assets

Ending balance, temporarily restricted net assets

Total net assets

Total liabilities and net assets

Profit and Loss Statement

Statement of Operations (in '000s)

For the Year Ended September 30, 2016

9/30/2016

Unrestricted revenues

Patient revenues (net of contractuals)

Provision for bad debt expense

Net patient revenues

Net assets released from temporary restriction

Total revenues

Operating expenses:

Labor expense

General expense

Supply expense

Depreciation expense

Interest expense

Total operating expenses

Excess of revenues over expenses

Transfer to parent corporation

Increase in unrestricted net assets

Healthcare Financial Management and Economics To prepare forthls Assignment: Week 7 Assignment .. Chester Medical Center Examine the data lrom Chester Medical Center. Reect on how you will use this data to develop a Balance Sheet, Prolit and Loss Statement. and Cash Flow Statement. Refer to the course text for additional guidance. Assignment: Developing Financial Statements All organizations. inctuding those in the health-Ire industry. need to make money to be protable and survive. Financial statements. such as balance sheets. prot and loss statements. and cash "'7'" statements. summarize ""5 protability 3"" an organization's overall nancial status. For this Assignment. you practice developing three key nancial statements using data from the Chester Medial Center. chest-Ir Medical Condor Chester Meditnl Center is a large mid-western acute are and ambulatory facility serving an urban city population. The Assignment: :3:';"::';M mm Complete a Balance Sheet. Prot and Los Statement (Statement of Operations). and cm "ism Cash Ftow Statemem (Statement ot Changes in Net Assets) using the Week 7 Financial Patienlrlv-I-s rm m mus) mama Statement Excel Template located in the Learning Resources. Net amunta rumble $15M EMW bah-M ""me "mm "'l :1 am Your Assignment Is due by Day 7 of Week 7. Wags: pay-bin $7.1m inn-may $4.4m Lawn-rm am mmn Sunny nuance xztmn Gmsphl M. and Iquipnwnl mama Net aasgu man-am mmmmm gum Democrat?" m 31 QM emu: nut-a name Trailer m Danni mammalian ("Ami 3.9mm Mam llIllmd Miami: :1 seem Armin: any". at zmn i bil . tun mnmd It eogmmg am Mr 71 5mm mum: Inn-nae slam idiot my". $105." mam mm. Harm mgmn maxim-m1. mnmd mum Ewing balillDI. unmm mutants '15.." To prepare for this Assign merit