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he following table provides the income statement and balance sheet for the Hale Medical Group. Complete the ratio worksheet. Explain the change in the ratios
he following table provides the income statement and balance sheet for the Hale Medical Group. Complete the ratio worksheet. Explain the change in the ratios that increased or decreased or more from the prior year. Searching for: Hale Medical Group income statement and balance sheet ratio worksheet Chapter Financial Ratios and Operating Indicators Problem Hale Income Statement December December Revenue Net Patient Service Revenue $ $ Total Operating Revenue $ $ Operating Expenses Salaries and wages $ $ Fringe benefits Supplies Depreciation Interest Total Operating Expenses $ $ Income from Operations $ $ Nonoperating Gains Losses Investment Income $ $ Net Nonoperating Gains $ $ Net Income $ $ Hale Balance Sheet December December Assets Current Assets Cash and cash equivalents $ $ Accounts receivable net Inventories Prepaid Insurance Total Current Assets $ $ Property, Plant, & Equipment Equipment net $ $ Buildings net Land Net Property, Plant, & Equipment $ $ Investments $ $ Total Assets $ $ Liabilities The following table provides the income statement and balance sheet for the Hale Medical Group. Complete the ratio worksheet. Explain the change in the ratios that increased or decreased or more from the prior year. Current Liabilities Current maturities of LT debt $ $ Accounts payable
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he following table provides the income statement and balance sheet for the Hale Medical Group. Complete the ratio worksheet. Explain the change in the ratios that increased or decreased or more from the prior year.
Searching for: Hale Medical Group income statement and balance sheet ratio worksheet Chapter
Financial Ratios and Operating Indicators
Problem
Hale Income Statement
December December
Revenue
Net Patient Service Revenue $
$
Total Operating Revenue $
$
Operating Expenses
Salaries and wages $
$
Fringe benefits
Supplies
Depreciation
Interest
Total Operating Expenses $
$
Income from Operations $
$
Nonoperating Gains
Losses
Investment Income $
$
Net Nonoperating Gains $
$
Net Income $
$
Hale Balance Sheet
December December
Assets
Current Assets
Cash and cash equivalents $
$
Accounts receivable
net
Inventories
Prepaid Insurance
Total Current Assets $
$
Property, Plant, & Equipment
Equipment
net
$
$
Buildings
net
Land
Net Property, Plant, & Equipment $
$
Investments $
$
Total Assets $
$
Liabilities
The following table provides the income statement and balance sheet for the Hale Medical Group. Complete the ratio worksheet. Explain the change in the ratios that increased or decreased or more from the prior year.
Current Liabilities
Current maturities of LT debt $
$
Accounts payable
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