Question
please see exibit 4.1 and 4.5 on the previous post questions This question come from Textbook Healthcare Finance An Introduction to Accounting and Financial Management
please see exibit 4.1 and 4.5 on the previous post questions
This question come from Textbook Healthcare Finance An Introduction to Accounting and Financial Management 5th Edition Green Valley Nursing Home Balance Sheet December 31, 2011 Assets Current Assets: Cash $105,737 Investment 200,000 Net patient accounts receivable 215,600 Supplies Total Current Assets $608,992 Property & Equipment $2,250,000 Less Accumulated Depreciation 356,000 Net Property & Equipment $1,894,000 Total Assets $2,502,992 Liabilities & Shareholders Equity Current Liabilities: Accounts Payable $ 72,250 Accrued Expenses 192,900 Notes Payable 180,000 Total Current Liabilities $445,150 Long-term debt $1,700,000 Shareholders Equity: Common Stock, $10 par value $100,000 Retained Earnings 257,842 Total Shareholders Equity $357,842 Total Liabilities & Shareholders Equity $2,502,992 Answer the Following Questions
How does this balance sheet differ from the one presented in Exhibit 4.1. and Problem 4.5 ?
What is Green Valleys Debit Ratio? How does it compare with the debit ratios for Sunnyvale and BestCare?
What is Green Valley net Working capital for 2011?
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