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please answer the following questions in the pictures. X Question 1/11 1 point How much are HCD's total assets at the end of year 20x2?
please answer the following questions in the pictures.
X Question 1/11 1 point How much are HCD's total assets at the end of year 20x2? (in millions) $21,226 $23,682 O $716 O $24,701 NEXT Question 2/11 1 point HCD's largest asset is Property and Equipment, which represents their buildings, etc. What is their second largest asset at the end of year 20x2? O Long-term Debt O Accounts Receivable Other Intangible Assets O Goodwill NEXT X Question 3/11 1 point What business activity causes Goodwill to be recognized on a balance sheet? O Charitable contributions O Acquisitions of other Businesses O Profitable Operations Treating Customers Well NEXT X Question 4/11 1 point What is HCD's largest liability on their balance sheet at the end of year 20x2? O Accounts Payable Additional Paid in Capital O Property and Equipment O Long-Term Debt NEXT X Question 5/11 1 point Note that LCD's Shareholders' Equity is far smaller than their Liabilities. In looking through their account titles in the Shareholders' Equity section, note that there is not one called Retained Earnings. Instead, we see a line item called "Accumulated Deficit." What is the interpretation of this line item? O HCD is bankrupt HCD has been incurring more losses than profits over its lifetime O HCD owes a lot of back taxes O HCD has overdrawn its bank account NEXT X Question 6/11 1 point How much was HCD's Net Income for year 20x2? (in millions) O $181 $76 O $176 $1219 NEXT X Question 7/11 1 point What is HCD's largest Operating Expense during year 20x2? O Salaries, wages, and benefits Supplies O Depreciation and amortization O Interest Expense NEXT X Question 8/11 1 point Which of the following is true about HCD's line item "Net Operating Revenues before provision for doubtful accounts?" This is the top line on the income statement (Check all that apply) O Revenue in 20x2 was 19,611 Some of these revenues probably won't be collected Revenues have been growing over time O Revenue in 20x2 was 21,070 NEXT X Question 9/11 1 point In HCD's footnotes, they give more details regarding the customer "types" that comprise their revenue. Which customer group generated the highest revenue in 20x2? (Hint: Look in the footnotes) O Indemnity, self-pay, and other O Medicare O Medicaid O Managed Care NEXT Question 10/11 1 point The provision for doubtful accounts in the second line of the income statement represents revenues that HCD has billed to customers and patients, but does not expect to collect. What percent of the top line on the income statement is HCD's provision for doubtful accounts in 20x2? O 0% O 7.4% O 10.0% O 6.9% NEXT Question 11/11 1 point HCD's provision for doubtful accounts is extremely large relative to other industries. Much of this is because, unlike in other industries, HCD cannot screen its customers on the basis of credit quality. Which customer group has given HCD the biggest collection difficulties? (Hint: Look at the footnotes) O Self-pay uninsured O Medicaid O Managed Care O Medicare NEXT X Question 1/11 1 point How much are HCD's total assets at the end of year 20x2? (in millions) $21,226 $23,682 O $716 O $24,701 NEXT Question 2/11 1 point HCD's largest asset is Property and Equipment, which represents their buildings, etc. What is their second largest asset at the end of year 20x2? O Long-term Debt O Accounts Receivable Other Intangible Assets O Goodwill NEXT X Question 3/11 1 point What business activity causes Goodwill to be recognized on a balance sheet? O Charitable contributions O Acquisitions of other Businesses O Profitable Operations Treating Customers Well NEXT X Question 4/11 1 point What is HCD's largest liability on their balance sheet at the end of year 20x2? O Accounts Payable Additional Paid in Capital O Property and Equipment O Long-Term Debt NEXT X Question 5/11 1 point Note that LCD's Shareholders' Equity is far smaller than their Liabilities. In looking through their account titles in the Shareholders' Equity section, note that there is not one called Retained Earnings. Instead, we see a line item called "Accumulated Deficit." What is the interpretation of this line item? O HCD is bankrupt HCD has been incurring more losses than profits over its lifetime O HCD owes a lot of back taxes O HCD has overdrawn its bank account NEXT X Question 6/11 1 point How much was HCD's Net Income for year 20x2? (in millions) O $181 $76 O $176 $1219 NEXT X Question 7/11 1 point What is HCD's largest Operating Expense during year 20x2? O Salaries, wages, and benefits Supplies O Depreciation and amortization O Interest Expense NEXT X Question 8/11 1 point Which of the following is true about HCD's line item "Net Operating Revenues before provision for doubtful accounts?" This is the top line on the income statement (Check all that apply) O Revenue in 20x2 was 19,611 Some of these revenues probably won't be collected Revenues have been growing over time O Revenue in 20x2 was 21,070 NEXT X Question 9/11 1 point In HCD's footnotes, they give more details regarding the customer "types" that comprise their revenue. Which customer group generated the highest revenue in 20x2? (Hint: Look in the footnotes) O Indemnity, self-pay, and other O Medicare O Medicaid O Managed Care NEXT Question 10/11 1 point The provision for doubtful accounts in the second line of the income statement represents revenues that HCD has billed to customers and patients, but does not expect to collect. What percent of the top line on the income statement is HCD's provision for doubtful accounts in 20x2? O 0% O 7.4% O 10.0% O 6.9% NEXT Question 11/11 1 point HCD's provision for doubtful accounts is extremely large relative to other industries. Much of this is because, unlike in other industries, HCD cannot screen its customers on the basis of credit quality. Which customer group has given HCD the biggest collection difficulties? (Hint: Look at the footnotes) O Self-pay uninsured O Medicaid O Managed Care O Medicare NEXT Step by Step Solution
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