Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is Green Valley's net working capital for 2017? Green Valley Nursing Home, Inc Balance Sheet December 31, 2017 Assets Current Assets: Cash $ 105,737

image text in transcribed

image text in transcribed

What is Green Valley's net working capital for 2017? Green Valley Nursing Home, Inc Balance Sheet December 31, 2017 Assets Current Assets: Cash $ 105,737 Short-Term Investments $ 200,000 Net Patient Accounts Receivable $ 215,600 Supplies $ 87.655 Total Current Assets 608.992 Property and Equipment $ 2.250.000 Less Accumulated Depreciation S 356.000 Net Property and Equipmnet $ 1.894.000 Total Assets $ 2.502.992 Liabilities and Shareholder's Equi Current Liabilities: Accounts Payable 72.250 Accrued Expenses $ 199.900 Notes Payable || $ 180.000 Total Current I S 145.150 Long-Term Debt SI 1.700.000 Total Liabilities $. 2.145.150 Shareholder's Equity Common Stock. STOP 1100.000 Retained Earnings | $4257842 Total Shareholder's Equity S1337812 Total Liabilities and Shareholders Equity $ 3.502.092 Isle Net Property and Equipmnet Total Assets Liabilities and Shareholder's Equity Current Liabilities: Accounts Payable Accrued Expenses Notes Payable Total Current Liabilities Long-Term Debt Total Liabilities Shareholder's Equity: Common Stock. $10 par value Retained Eamings Total Shareholder's Equity Total Liabilities and Shareholders' Equity S1 $ 1 $ 42 $ 1.70 $ 2.14 $ 100 257 $ 357. S 2.502.9 Select one or more: a. $163 842 b. $225 000 c. $373 500 d $440,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions