Question
Given the following information, compute the working capital. Givens (in '000s): Inventory $4,000 Patient revenues (net of contractuals) $302,000 Gross plant, property, and equipment $375,000
Given the following information, compute the working capital.
Givens (in '000s): | |
Inventory | $4,000 |
Patient revenues (net of contractuals) | $302,000 |
Gross plant, property, and equipment | $375,000 |
Net accounts receivable | $85,000 |
Ending balance, temporarily restricted net assets | $6,000 |
Wages payable | $6,600 |
Long-term debt | $218,400 |
Supply expense | $34,000 |
Net assets released from temporary restriction | $7,000 |
Depreciation expense | $44,000 |
General expense | $95,000 |
Provision for bad debt expense | $4,500 |
Cash and cash equivalents | $18,000 |
Transfer to parent corporation | ($3,900) |
Beginning balance, unrestricted net assets | $239,400 |
Accounts payable | $11,000 |
Beginning balance, temporarily restricted net assets | $13,000 |
Interest expense | $6,000 |
Labor expense | $123,000 |
Accumulated depreciation | $22,000 |
Long-term investments | $20,000 |
Ending balance, unrestricted net assets | $238,000 |
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