Question
End of the year, The Vulcan Community Hospital's some parts of thebalance sheet and the income statement is provided below. Based on the provided information,
End of the year, The Vulcan Community Hospital's some parts of thebalance sheet and the income statement is provided below. Based on the provided information, what is the hospital'sDays Cash on Hand ?
Note: A fiscal year is 365 days.
Some Accounts From The Balance SheetSome Accounts From The Income StatementCurrent AssetsRevenuesCash$415,000.00
Net Patient Services Revenue$600,000.00
Accounts Receivable,Net$599,000.00
Premium Revenue$-Inventory$100,000.00Other Operating Revenue$-Prepaid Expense$6,000.00Total Reveneues from Operations$600,000.00Total Current Assets$1,120,000.00Operating Expenses$-Liabilities & Net AssetsSalaries and Benefits$125,000.00Current liabilitiesMedical Supplies and Drugs $125,000.00Accounts Payable$435,000.00Insurance $ 42,000.00Wages Payable$100,000.00Depreciation $40,000.00Total Current Liabilities$535,000.00Interest $85,000.00Provision for Bad Debts $35,000.00Other Operating Expenses-
$ 514
$ 401
$ 652
$ 254
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