Answered step by step
Verified Expert Solution
Question
1 Approved Answer
just need the ? answered please Sunview Hospital Statement of Cash Flows (in '000s) For the Year Ended December 31, 20X1 $28,500 Cash flows from
just need the "?" answered please
Sunview Hospital Statement of Cash Flows (in '000s) For the Year Ended December 31, 20X1 $28,500 Cash flows from operating activities Change in net assets Adjustments to reconcile change in net assets to net cash provided by operating activities Depreciation Increase in net account receivables Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued expenses Increase in other current liabilities Net cash flows provided by operating activities Cash flows from investing activities Purchases of equipment Sale of long-term investments Net cash used in investing activities $10,600.00 ($30,000.00) ($4,300.00) $5,500.00 $20,000.00 ($3,400.00) $6,600.00 $5,000.00 ($77,000.00) $71,000.00 ($6,000.00) Cash flows from financing activities Payments on long-term debt Increases in long-term debt Payments on capital lease Net cash provided by financing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year ($9,000.00) $75,000.00 ($9,100.00) $56,900.00 ? ? ? p. 78 17. Statement of cash flows. The following are account balances (in thousands) at December 31, 20X1, for Sunview Hospital. Prepare a statement of cash flows for the year ended December 31, 20X1. (Hint: the amounts have been stated as positive or negative numbers as they affect cash flow.) Givens (in 'ooos) Decrease in prepaid $5,500 expenses Payments on long-term ($9,000) debt Cash and cash equivalents $34,000 at beginning of the year Increase in inventory ($4,300) Increases in long-term debt $75,000 Decrease in accrued ($3,400) expenses Change in net assets $28,500 Sale of long-term $71,000 investments Increase in other current $6,600 liabilities Depreciation $10,600 Payments on capital lease $9,100) Purchases of equipment ($77,000) Increase in net account ($30,000) receivables Increase in accounts $20,000 > payable Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started