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Here are the deliverables: 1. Income statement a. Create this statement in Excel, transcribing all the numbers highlighted in yellow. Then create formulas in Excel

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Here are the deliverables: 1. Income statement a. Create this statement in Excel, transcribing all the numbers highlighted in yellow. Then create formulas in Excel to address the following questions for 19X1: b. What is the collection percentage? c. What percentage of total expenses are human resources (wages and benefits)? d. What percentage of net income went to physician distributions? e. How do you access the income statement for 19X1 ? Explain. 2. Balance Sheet a. Create the statement in Excel, transcribing all the numbers in yellow. Then create formulas in Excel to address the following questions for 19X1. b. What is the percentage of total liabilities to total assets? c. What is the percentage of gross accounts receivable to total current assets? d. What is the percentage increase of stockholder's equity from 19X0 to 19X1.? e. How do you access the balance sheet for 191 ?. Explain 3.AR aging report a, Create the statement in Excel, transcribing all the numbers in yellow Then create formulas in a, Create the statement in Excel, transcribing all the numbers in yellow Then create formulas in 3.AR aging report Excel to address the following questions for 19X1. b. Based on the gross charges in the income statement, what is the Days in Accounts Receivable as of Dec. 31, 19X1, (Note that this will not be an Excel formula.) c. What is the percentage of AR >60 days old? d. How do you access the AR aging report for 19X1 ? Explain 4. Cash flow statement a. How do you access the cash flow statement for 19 X1? Explain. Exhlbit 7-10 income statement Model Medical Group [T] Read aloud Operabng expenses Purchased services - modical and proteseional 70,000900 7150 Outwido luboritory and radology vervices 72000 Phyiced resources Exhibit 7-9 Balance sheet Model Medical Group Balence sheel

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