Question
Monthly Cash Budget Table includes the 2018 budget for Jasper Gardens Nursing Home. For your monthly cash budget, assume that one-twelfth of cash expenses and
Monthly Cash Budget Table includes the 2018 budget for Jasper Gardens Nursing Home. For your monthly cash budget, assume that one-twelfth of cash expenses and revenues are incurred per month. Use the following aging analysis to estimate cash inflows. What are the management implications of this analysis?
Table III.4 Aging Analysis Percent of Bills Paid in Cash Within Days _days of Billing 30 or less 31-60 61-90 91-120 121-150 Medicare Medicaid 50 555 20 25 355 30 25 429 40 5 25 25 Commercial Insurance 25 Private Insurance 30 Self-Pay 40 VA 25 5555 25 30 30 15 3822 25 30 20 10 45 2004 10 15 10 0 10 5
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
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