Use Additional Information from 10-K to Explain Linkages Among Financial Statements Community Health Systems operates general acute care hospitals in communities across the United States. The company reports the following information in Schedule of its 2017 10K SCHEDULES-VALUATION AND QUALIFYING ACCOUNTS Balance at Acquisitions Bad Balance Being and Det WIE at End millions of Ye Dispositions Eapenas Offs of Year December 2017 allow for det counts 11735 121) 22:30) December 2016 own for det 1) 2010 December 2016. stowance for cent 3.136015200 Accounts receivable represents the amount customers owe Community Health Systems for services rendered. The balance in the slowance for doubt accounts is the many test estimate of the amount that customers will not repay Community Health Systems balance sheet and income statement reported the following 2017 2015 STRUN 2592586 Dignitas 17412616 400 1. Compute the common towance for detail accounts for each year Note: Pound percentage to one decimal point for example, round 1 2016 2016 Comowa Wat conclusion may be drawn by analysis in comparing the commonwante in 2017 to the previous years! Onairage, the firms in the 5 500 report common se lowance for doubtfuccurs between and Why County Hama be so much higher Community Health Systems now 1. Compute the common se bad debt expense for each year. Note: Round percentage to one decimal point for example round 18.566 to 1863 2017 2016 2015 Comowane 2. What trend is impled by the common site analysis of bad debit expense? Community Health Systems has of the company had recorded bad debt expense of $2.528 in 2017 (which is less than actually recorded, which of the following would be true greator 1 2 The company would have reported operating loss or $1.364 and cash flow would have been higher The company would have reported operating loss of 2.3t and enth flow would have been testige The company would have reported operating lous of 1.364 and Cath tow would have been unchanged The company would have reported operating loss of 18 and cathflow world have been unchanged 3 Use Additional Information from 10-K to Explain Linkages Among Financial Statements Community Health Systems operates general acute care hospitals in communities across the United States. The company reports the following information in Schedule of its 2017 10K SCHEDULES-VALUATION AND QUALIFYING ACCOUNTS Balance at Acquisitions Bad Balance Being and Det WIE at End millions of Ye Dispositions Eapenas Offs of Year December 2017 allow for det counts 11735 121) 22:30) December 2016 own for det 1) 2010 December 2016. stowance for cent 3.136015200 Accounts receivable represents the amount customers owe Community Health Systems for services rendered. The balance in the slowance for doubt accounts is the many test estimate of the amount that customers will not repay Community Health Systems balance sheet and income statement reported the following 2017 2015 STRUN 2592586 Dignitas 17412616 400 1. Compute the common towance for detail accounts for each year Note: Pound percentage to one decimal point for example, round 1 2016 2016 Comowa Wat conclusion may be drawn by analysis in comparing the commonwante in 2017 to the previous years! Onairage, the firms in the 5 500 report common se lowance for doubtfuccurs between and Why County Hama be so much higher Community Health Systems now 1. Compute the common se bad debt expense for each year. Note: Round percentage to one decimal point for example round 18.566 to 1863 2017 2016 2015 Comowane 2. What trend is impled by the common site analysis of bad debit expense? Community Health Systems has of the company had recorded bad debt expense of $2.528 in 2017 (which is less than actually recorded, which of the following would be true greator 1 2 The company would have reported operating loss or $1.364 and cash flow would have been higher The company would have reported operating loss of 2.3t and enth flow would have been testige The company would have reported operating lous of 1.364 and Cath tow would have been unchanged The company would have reported operating loss of 18 and cathflow world have been unchanged 3
