#$2.$ What is the Current Ratio for Jackson Hospital in $2019?$ Choice: $1\mathrm{.}7$ times Choice: $2\mathrm{.}8\%$ Choice: $5\mathrm{.}4$ times Choice: $2\mathrm{.}0$ times

Cash Flows From Operating Activities Operating Income $ $6,474$ Adjustments: Depreciation $ $4,130$ Increase in Accounts Receivable $ $(1,102)$ Increase in Inventories $ $(195)$ Decrease in Accounts Payable $ $(438)$ Increase in Accrued Expenses $ $229$ Net Cash Flow from Operations $ $9,098$ This is a formula Cash Flow From Investing Activities Investment in Property and Equipment $ $(4,293)$ Investment in Short$-$Term Securities $ $(2,000)$ Net Cash Flow from Investing $ $(6,293)$ This is a formula Cash Flows From Financing Activities: Nonoperating Income $ $2,098$ Repayment of Long$-$Term Debt $ $(2,150)$ Repayment of Notes Payable $ $(3,262)$ Capital Lease Principal Repayment $ $(323)$ Net Cash Flow From Investing $ $(3,637)$ This is a formula Net Increase $($Decrease$)$ in Cash and Equivalents$ $(832)$ This is a formula Beginning Cash and Equivalents $ $3,095$ Ending Cash and Equivalents $ $2,263$ Jackson Hospital Year Ended As of December $31,2019$ Statement of Cash Flows Module $3$: Part $1$ Financial Condition Analysis HOMEWORK $$ Version A Revenues: $2019$ Patient Service Revenue $ $95,398$ Less: Provision for Bad Debts $ $3,469$ Net Patient Service Revenue$ $91,929$ This is a formula Premium Revenue $ $4,622$ Other Revenue $ $6,014$ Net Operating Revenues $ $102,565$ This is a formula Expenses Nursing Services $ $56,752$ Dietary Services $ $4,718$ General Services $ $11,655$ Administrative Services $ $11,585$ Employee Health and Welfare $ $10,705$ Malpractice Insurance $ $1,204$ Depreciation $ $4,025$ Interest Expense $ $1,521$ Total Expenses $ $102,165$ This is a formula Operating Income $ $400$ This is a formula Non$-$operating Income $ $1,995$ Net Income $ $2,395$ This is a formula Year Ended As of December $31,2019$ Jackson Hospital Income Statement Module $3$: Part $1$ Financial Condition Analysis HOMEWORK $$ Version A $2019$ Cash and Equivalents $ $3,095$ Short$-$Term Investments $ $2,000$ Net Patient Accounts Receivable $ $20,738$ Inventories $ $2,982$ Total Current Assets $ $28,815$ This is a formula Gross Property and Equipment $$140,865$ Accumulated Depreciation $ $21,030$ Net Property and Equipment $$119,835$ This is a formula Total Assets $$148,650$ This is a formula Accounts Payable $ $5,145$ Accrued Expenses $ $5,421$ Notes Payable $ $6,237$ Total Current Liabilities $ $16,803$ This is a formula Long$-$Term Debt $ $30,900$ Capital Lease Obligations $ $2,155$ Total Long$-$Term Liabilities $ $33,055$ This is a formula Net Assets $($Equity$)$ $ $98,792$ Total Liabilities and Net Assets $$148,650$ This is a formula