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Question 11 0/3.5 pts End of the year, The Vulcan Community Hospital's some parts of the balance sheet, the income statement, and cash flow statement
Question 11 0/3.5 pts End of the year, The Vulcan Community Hospital's some parts of the balance sheet, the income statement, and cash flow statement is provided below. Based on the provided information, What is the hospital's the Debt Service Coverage? Some Accounts From The Balance Sheet Some Accounts From The Income Statement Current Assets Revenues Cash $ 569,000.00 Net Patient Services Revenue $400,000.00 Accounts $ 185,000.00 Other Operating Revenue $ Receivable, Net $ Total Reveneues from Inventory $400,000.00 95,000.00 Operations Prepaid Expense $ 5,000.00 Operating Expenses Total Current Assets $ 854,000.00 Salaries and Benefits $ 18,000.00 Liabilities & Net Assets Medical Supplies and Drugs $100,000.00 Current liabilities Insurance $ 36,000.00 Accounts Payable $ 320,000.00 Depreciation $ 40,000.00 $ Wages Payable Interest $ 75,000.00 13,000.00 Total Current Liabilities $ 333,000.00 Provision for Bad Debts $ 40,000.00 Other Operating Expenses $ Some Accounts From The Cash Flow Statement Cash Flows from Financing Activities Payment of mortgage principal Net Cash from Financing Activities $ (35,000.00) $ (35,000.00)
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