Hsa 515 Essay

545 Words3 Pages
Barbara Maddox HSA 525 November 11, 2013 Dr. Harper Assignment 10.1 Components of Balance Sheet /Statement Retrieved: Balance Sheet - pg.'s 404 - 405 Statement of Revenue and Expenses - pg. 406 Statement of Changes in Fund Balance - pg. 407 Current Liabilities $ 5,825,000 $ 6,300,000 Total Assets $10,625,000 $ 9,975,000 Income from Operations $ 1,700,000 $ 840,000 Accumulated Depreciation $26,100,000 $24,200,000 Total Operating Revenue $35,100,000 $34,600,000 Current Portion of Long-Term Debt $ 525,000 $ 500,000 Interest Income $ 80,000 $ 40,000 Inventories of supplies $ 900,000 $ 850,000 10.2 Components of Balance/Income Statement: SKIP 10.3 Components of Balance/Income Statement Property, plant, and equipment $19,300.000 Depreciation $ 200,000 When the net reserve depreciation rise, the depreciation expense increase and is equally or evenly assigned over the useful life of the asset. 11.1 Liquidity Ratios Current Ratio = _current asset__ = 10,625,000 = 1.824 to 1 current liabilities 5,825,000 Quick Ratio = cash/cash equivalents + net receivables current liabilities 1,150,000+7,400,000=8,550,000=1.468 to 1 5,825,000 5,825,000 Days Cash on Hand = unrestricted cash and cash equivalents cash operation expenses/365 _1,150,000 =1,150,000=13.346 or 13.35 days 31,450,000/365 86,164 Days Receivables = __ net receivables___ net credit revenues/365 7,400,000_____ = _ 7,400,000__ = 79.44
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