Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:

30 Medicare cases		pay $2,000 per case
30 Blue Cross Blue Shield cases		pay $2,200 per case
20 commercial cases		pay 100 percent of charges
10 Medicaid cases		pay average cost
8 self-pay cases		pay 100 percent of charges
2 charity cases		pay nothing
Average cost per case is expected to be $2,200, and the average charge per case is $2,500

I should see the following: ( show work)

A total for gross patient revenue read this question carefully

A total for deductions for gross patient revenue read this question carefully

Net patient revenue

Total expenses

Excess of revenue over expenses

Calculate gross patient revenue, deductions from gross patient revenue, net patient revenue, total expenses, and excess of revenues over expenses above.

Define revenue

Define fee for service, discounted fee for service, charity services, and payment before service is delivered. ( all written assignments must be in APA format)

Time Value of Money (TVM)

Calculate the Future Value of $1 in each of these 3 projects

Calculate the Present Value of each of the Projects below:

Future value and present value concepts are extremely important to the role of financial management and impact cash flow. The response and discussion activities for this objective may require research on the topic of time value in finance.

Explain the role of time value in finance and evaluate the impact it has in financial management.

Define TVM

Income Statement Preparation:

Prepare an Income Statement, in proper format, for 2015 for Johnson Medical Supplies (JMS) from the following information:

Salaries $70,000

Insurance $700

Utilities $3,500

Gas/Auto $5,750

Office Supplies $7,250

Revenue $175,000

Rent $12,000

Maintenance $50,000

Calculate, define, and discuss the operating expenses, operating profit, and profit percentage.

Did JMS have a good year? Why/Why not?

Industry average?

Complete the ratios listed based on the following Income Statement and Balance Sheet.
ABC Company Income Statement					Last Year
							Quick Ratio
Sales			$1,000,000		$900,000
							Current Ratio
Cost of Goods Sold			$750,000		$650,000
Gross Profit			$250,000		$250,000		Accounts Receivable Turnover
Operating Expenses							Inventory Turnover
Selling Expenses		$50,000
Administrative Expenses		$85,000					Net Profit on Sales
Total Operating Expenses			$135,000		$127,000
							Gross Profit Margin
Operating Income			$115,000		$123,000
Interest Expense			$17,500		$17,500		Return on Assets
Net Income before Taxes			$97,500		$105,500		Return on Equity
Income Tax Expense			$34,125		$36,925
							Working Capital
Net Income after Taxes			$63,375		$68,575
							Debt to Equity
ABC Company Balance Sheet							Times Interest Earned
Current Assets
Cash			$5,500		$4,950
Accounts Receivable			$21,000		$18,900
Inventory			$17,500		$15,750
Total Current Assets			$44,000		$39,600
Non-Current Assets
Machinery & Equipment			$100,000		$90,000
Furniture & Fixtures			$15,000		$13,500
Transportation Equipment			$25,000		$22,500
Accumulated Depreciation			$17,500		$15,750
Total Non-Current Assets			$122,500		$110,250
Total Assets			$166,500		$149,850
Current Liabilities
Accounts Payable			$25,000		$22,500
Notes Payable			$15,500		$13,950
Wages Payable			$1,200		$1,080
Current Liabilities			$41,700		$37,530
Non-Current Liabilities
Long-Term Notes			$27,000		$24,300
Total Liabilities			$68,700		$61,830
Stockholders' Equity
Retained Earnings			$65,000		$58,500
Common Stock			$32,800		$29,520
Total Equity			$97,800		$88,020
Total Liabilities & Equity			$166,500		$149,850