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New York Presbyterian Outpatient Radiology reported net income for 2020 of $5.2 million on total revenues of $35 million. Depreciation expense totaled $1 million. a.
New York Presbyterian Outpatient Radiology reported net income for 2020 of $5.2 million on total revenues of $35 million. Depreciation expense totaled $1 million.
a. What were total expenses for 2020?
b. What were total cash expenses for 2020? (Hint: Assume that all expenses, except depreciation, were cash expenses.)
c. What was the hospitals 2020 estimated cash flow?
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