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Note: above question explaination and following two questions b) What is Green Valley's net working capital for 2015? c) What is Green valley's debt ratio?
Note: above question explaination and following two questions
b) What is Green Valley's net working capital for 2015?
c) What is Green valley's debt ratio? How does it compare with the debt ratios for sunnyvale and bestcare?
Green Valley Nursing Home, Inc. Balance Sheet December 31, 2015 Assets Current Assets: Cash 105,737 200,000 215,600 87,655 608,992 $2,250,000 356,000 $1,894,000 $2,502,992 Short-term investments Net patient accounts receivable Supplies Total current assets Property and equipment Less accumulated depreciation Net property and equipment Total assets Liabilities and Shareholders Equity Current Liabilities: Accounts payable Accrued expenses Notes payable 72,250 192,900 180,000 S 445,150 1,700,000 $2,145,150 Total current liabilities Long-term debt Total liabilities Shareholders' Equity 100,000 257,842 357,842 $2,502,992 Common stock, $10 par valuc Retained earnings Total sharcholders' equity Total liabilities and shareholders' equity a. How does this balance sheet differ from the ones presented in Exhibit 4.1 and Problem 4.5? Green Valley Nursing Home, Inc. Balance Sheet December 31, 2015 Assets Current Assets: Cash 105,737 200,000 215,600 87,655 608,992 $2,250,000 356,000 $1,894,000 $2,502,992 Short-term investments Net patient accounts receivable Supplies Total current assets Property and equipment Less accumulated depreciation Net property and equipment Total assets Liabilities and Shareholders Equity Current Liabilities: Accounts payable Accrued expenses Notes payable 72,250 192,900 180,000 S 445,150 1,700,000 $2,145,150 Total current liabilities Long-term debt Total liabilities Shareholders' Equity 100,000 257,842 357,842 $2,502,992 Common stock, $10 par valuc Retained earnings Total sharcholders' equity Total liabilities and shareholders' equity a. How does this balance sheet differ from the ones presented in Exhibit 4.1 and Problem 4.5Step by Step Solution
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