Question
PLEASE PROVIDE A CASH FLOW STATEMENT WITH THE INFORMATION GIVEN. Putman Medical Center Putman Medical Center is a large Midwestern acute care and ambulatory facility
PLEASE PROVIDE A CASH FLOW STATEMENT WITH THE INFORMATION GIVEN.
Putman Medical Center Putman Medical Center is a large Midwestern acute care and ambulatory facility serving an urban city population. Givens (in '000s): Insurance expense $70,000 Cash $23,000 Patient revenues (net of contractuals) $614,000 Net accounts receivable $25,000 Ending balance, temporarily restricted net assets $8,700 Wages payable $9,100 Prepaid expense $1,100 Long-term debt $191,700 Supply expense $66,000 Gross plant, property, and equipment $556,000 Net assets released from temporary restriction $8,000 Depreciation expense $10,000 General expense $95,000 Transfer to parent corporation ($8,000) Beginning balance, unrestricted net assets $203,400 Accounts payable $21,000 Beginning balance, temporarily restricted net assets $16,700 Provision for bad debt expense $5,400 Labor expense $145,000 Accumulated depreciation $99,000 Long-term investments $150,400 Ending balance, unrestricted net assets $426,000.
Cash Flow Statement | |
Statement of Changes in Net Assets (in '000s) | |
For the Year Ended September 30, 2016 | |
9/30/2016 | |
Unrestricted net assets | |
Excess of revenues over expenses | |
Unrestricted contributions | 0 |
Transfer to parent corporation | |
Change in unrestricted net assets | 0 |
Temporarily restricted net assets | |
Net assets released from temporary restriction | |
Change in temporarily restricted net assets | 0 |
Permanently restricted net assets | |
0 | |
Change in permanently restricted net assets | 0 |
Increase in net assets | 0 |
Beginning balance, net assets | |
Ending balance, total net assets | $0 |
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