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?

Healthcare Finance EXHIBIT 4.1 ASSETS Sunnyvale Clinic: Current Assets lance Sheets Cash and cash equivalents ecember 31, Short-term investments Net patient accounts receivable and 2010 thousands Inventories Total current assets Long-term investments Net property and equipment Total assets LIABILITIES AND EQUITY Current Liabilities: Notes payable Accounts payable Accrued expenses Total current liabilities Long-term debt Total liabilities Net assets (Equity) Total liabilities and equity 6,486 12,102 10,000 25,927 28,509 3,695 54,306 39,715 48,0 52,450 49,549 115,101 $154,815 2010 2011 3,345 4,334 6,933 5.022 5,037 6,069 15.425 15,315 $100,747 68,893 $54,068 $154.815 115,101