san Mateo healthcare had an equitybalance of 1.38 million at the beginningof the year. At the end of the year, its equity balance was 1.09 million. what was the net income for the period? Now assume that san Mateo is a not for profit organization. What was its net income for the period? Now assume Mateo is an investor-owned company:

Assuming zero dividends, what was san mMateo'snet income?

Assuming $200,000 dividends, what was its net income>

Assuming $200,000 in dividends and $300,000 in additional stock sales, what was san Mateo'snet income?

Problem 12.1 Middleton Clinic had total assets of $500,000 and an equity balance of $350,000 at the end of 2010.One year later, at the end of 2011, the clinic had $575,000 in assets and $380,000 in equity. What was the clinic's dollars growth in assets during 2012, and how was this growth financed? Here is the template that my teacher wants it to be answered in, it is fill in the blanks: The clinic's assets grew from $_______ to $_________, or by $________, in 2012. Thus, the growth rate in assets was _______%. At the same time, the clinic's equity grew from $________ to $________, so the growth in equity was _______%. Because the balance sheet must balance, the clinic's total debt must have grown from $__________ to $________. Thus, the clinic's growth was financed with $_______ of equity and $_________ of debt, for total financing of $________, which matches the increase in total assets. With debt increasing more than equity, the clinic's debt ratio (Total debt / Total assets) increased from _____% to ______%. Solution: For Middleton Clinic: At the end of 2010: Total assets = $500000 Equity balance = $350000 At the end of 2011: Total Assets = $575000 Equity = $380000 Increase in Equity = $380000 - $350000 = $30000 Total Assets = Total Equity + Total Liabilities So, Total Debt (2010) = $500000 - $350000 = $150000 Total Debt to Asset Ratio = $150000/$500000 = 30% Total Debt (2011) = $575000 - $380000 = $195000 Total Debt to Asset Ratio = $195000/$575000 = 33.91% Increase in Debt = $195000 - $150000 = $45000 Growth = Increase in Value/Beginning Value The clinic's assets grew from $500000 to $575000, or by $75000, in 2012. Thus, the growth rate in assets was 15%. At the same time, the clinic's equity grew from $350000 to $380000, so the growth in equity was 8.57%. Because the balance sheet must balance, the clinic's total debt must have grown from $150000 to $195000. Thus, the clinic's growth was financed with $30000 of equity and $45000 of debt, for total financing of $75000, which matches the increase in total assets. With debt increasing more than equity, the clinic's debt ratio (Total debt / Total assets) increased from 30% to 33.91%