Question
Suppose XYZ hospital reported the following items for the current year: Net patient service revenue = $3,000,000; Operating expenses = $1,500,000; Current assets = $1,700,000;
Suppose XYZ hospital reported the following items for the current year: Net patient service revenue = $3,000,000; Operating expenses = $1,500,000; Current assets = $1,700,000; Long-term assets = $1,500,000; Short-term liabilities = $1,300,000; Noncurrent liabilities = $800,000. Calculate the amount of net assets for XYZ hospital.
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Handbook On Corporate Governance In Financial Institutions
Authors: Christine A. Mallin
1st Edition
1784711780, 978-1784711788
