Question
Entries for the Warren Clinic Income Statement are listed below in alphabetical order. Reorder the data in the proper format. Depreciation Expense $90,000 General/Administration Expenses
Entries for the Warren Clinic Income Statement are listed below in alphabetical order. Reorder the data in the proper format.
Depreciation Expense $90,000
General/Administration Expenses $70,000
Interest Expense $20,000
Investment Income $40,000
Other Revenue $10,000
Patient Service Revenue $440,000
Provision for Bad Debts $40,000
Purchased Clinic Services $90,000
Salaries and Benefits $150,000
Total Expenses $420,000
Modify the Income Statement to include the following (show all calulations): 1. What is Warren Clinics net operating revenue?
2. What is Warren Clinics net operating income?
3. What is Warren Clinics net income?
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