Prompt The first step in understanding healthcare finance is to learn how a facility would build an operating budget. Let's start with a statement of financial position and determine what is an asset and a liability for a healthcare facility Criteria In a Word document. review the following financial record and greate a Statement of financial position of at least words with at least 1 citation used as a reference based on the Shoreline Hospital in the assignment background information. As an additional resource, you can review more information about the statement of financial position "Statement of Financial Position" L Your file submission should be named fastname Firstname Assignment_1 S a e X + e r a 1 s Shoreline Hospital Large scale 5010 (3) hospital Statement of Activities For the year ended December 31, 2019 Total Net Assets Net Assets with without Donor Donor Restrictions Restrictions Revenues: Contributions $206,000 $298.900 5464.900 Program revenues $178.900 $178,900 Endowment Income $48,350 $148,000 $196,350 Stores, caf, and parking $74,000 $74,000 Net assets released from restriction: Satisfaction of purpose restrictions $121,000 ($121,000) Satisfaction of implied 5138,200 time restrictions ($138.200) Total revenues and other support 5766,450 $147.700 5914.150 Expenses Program Expenses: $173,250 Program A $173.250 Program B $148.900 $148.900 $120.750 Program S120.750 Supporting service expenses: Fundraising 589.300 $89.300 Management & general S127.500 $659,700 $127.500 $659.700 Total expenses Change in net assets $106.750 $147.700 $254,450 Prompt The first step in uld operating budget. Let's asset and a liability for a hel Criteria iew the following financial record and rs with at least 1 citation used as a rele! Activities tetow. Follow the example su round formation. As an additional reso statement of financial position "Statemal med fastname Firstname Assignmel Net assets: January 1, 2019 $2,943.050 $3,696,830 56,639,880 Net assets: December 1, 2019 $3,049,800 $3,844.530 56,894,330 Prompt The first step in understanding healthcare finance is to learn how a facility would build an operating budget. Let's start with a statement of financial position and determine what is an asset and a liability for a healthcare facility Criteria In a Word document. review the following financial record and greate a Statement of financial position of at least words with at least 1 citation used as a reference based on the Shoreline Hospital in the assignment background information. As an additional resource, you can review more information about the statement of financial position "Statement of Financial Position" L Your file submission should be named fastname Firstname Assignment_1 S a e X + e r a 1 s Shoreline Hospital Large scale 5010 (3) hospital Statement of Activities For the year ended December 31, 2019 Total Net Assets Net Assets with without Donor Donor Restrictions Restrictions Revenues: Contributions $206,000 $298.900 5464.900 Program revenues $178.900 $178,900 Endowment Income $48,350 $148,000 $196,350 Stores, caf, and parking $74,000 $74,000 Net assets released from restriction: Satisfaction of purpose restrictions $121,000 ($121,000) Satisfaction of implied 5138,200 time restrictions ($138.200) Total revenues and other support 5766,450 $147.700 5914.150 Expenses Program Expenses: $173,250 Program A $173.250 Program B $148.900 $148.900 $120.750 Program S120.750 Supporting service expenses: Fundraising 589.300 $89.300 Management & general S127.500 $659,700 $127.500 $659.700 Total expenses Change in net assets $106.750 $147.700 $254,450 Prompt The first step in uld operating budget. Let's asset and a liability for a hel Criteria iew the following financial record and rs with at least 1 citation used as a rele! Activities tetow. Follow the example su round formation. As an additional reso statement of financial position "Statemal med fastname Firstname Assignmel Net assets: January 1, 2019 $2,943.050 $3,696,830 56,639,880 Net assets: December 1, 2019 $3,049,800 $3,844.530 56,894,330
