What are the underlying reasons driving this increase?

• Address three to four reasons and make sure to explain the causes of these driving forces.
Table 7.1 shows a considerable increase in assets from year to year.
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TABLE 7.1 Sample Balance Sheet 1-Year ($ in 000's) 3/31/17 3/31/16 Change Growth Current Assets Cash and investments (savings/checking) $80,000 $56,800 $23,200 1 40% Patient revenue (money owed to hospital) $472,000 $370,120 $101,880 1 26% Inventory (on the shelf) $16,400 $15,200 $1,200 8% Subtotal $568,400 $442,120 $126,280 1 29% Less: Bad debt ($57,200) ($77,250) $20,050 I 26% Charitable allowance ($14,100) ($13,680) ($420) 3% Contractual allowance ($269,300) ($233,750) ($35,550) 1 15% 5% (340,600) ($324,680) ($15,920) $117,440 $110,360 Subtotal Total Current Assets $227,800 1 94% Fixed Assets Land $29,000 $27,500 $1,500 5% Buildings (plant) $805,000 $805,000 $0 No Change Equipment $610,000 $624,000 ($14,000) 2% Construction in progress $37,000 $28,000 $9,000 1 32% Total Fixed Assets $1,481,000 $1,484,500 ($3,500) 1 0.2% Less accumulated depreciation ($880,800) ($810,200) ($70,600) 9% Net Fixed Assets $600,200 $674,300 ($74,100) I 11% Total Assets $828,000 $791,740 $36,260 5% Current Liabilities Accounts payable salaries, supplies, pharm $36,560 $27,600 ($8,960) t 32% Accrued compensation and benefits $10,900 $8,280 ($2,620) t 32% Accrued liabilities (interest, physician contracts) $2,520 $2,960 $440 15% Current portion of long-term debt $8,350 $9,000 $650 7% Subtotal $58,330 $47,840 ($10,490) ! 22% Long-Term Liabilities Bonds payable $38,000 $37,000 ($1,000) 3% Mortgage payable $2,100 $1,900 ($200) 1 11% Subtotal $40,100 $38,900 ($1,200) 3% Total Current Liabilities $98,430 $86,740 ($11,690) 1 13% Net Worth (Assets-Liabilities) $729,570 $705,000 $24,570 3% Total Liabilities and Net Worth $828,000 $791,740 $36,260 5%