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UNDERSTANDING HEALTHCARE FINANCIAL MANAGEMENT Chapter 14- Financial Forecasting Viking Transplant Center had the following balance sheet last year (in $000): Cash $7,800 Accounts payable
UNDERSTANDING HEALTHCARE FINANCIAL MANAGEMENT Chapter 14- Financial Forecasting Viking Transplant Center had the following balance sheet last year (in $000): Cash $7,800 Accounts payable $2,100 Accounts receivable $5,700 Accrued wages $900 Inventory $5,700 Notes payable $12,000 Plant/Equipment $136,000 Mortgage $106,000 Common stock $18,800 Retained earnings $15,400 Total liabilities Total assets $155,200 and equity $155,200 Revenues for the past year were $12,900,000 and fixed assets were used at 100 percent of capacity. Revenues are expected to grow by 12 percent in the coming year, and the clinic is expected to have a 7 percent profit What is the center's forecasted external financing requirement (in $000)? Revenue Factor: Here is the forecasted balance sheet ($000): Cash Accounts receivable Inventory Plant/Equipment Total assets SO Accounts payable Accrued wages Notes payable Mortgage Common stock Retained earnings Total liabilities and equity External financing requirement = $0.00 $0
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