Question: Cash Flow Statement Statement of Changes in Net Assets (in '000s) For the Year Ended September 30, 2016 9/30/2016 Unrestricted net assets Excess of revenues
Cash Flow Statement
Statement of Changes in Net Assets (in '000s)
For the Year Ended September 30, 2016
9/30/2016
Unrestricted net assets
Excess of revenues over expenses
Unrestricted contributions
0
Transfer to parent corporation
Change in unrestricted net assets
0
Temporarily restricted net assets
Net assets released from temporary restriction
Change in temporarily restricted net assets
0
Permanently restricted net assets
0
Change in permanently restricted net assets
0
Increase in net assets
0
Beginning balance, net assets
Ending balance, total net assets
$0
Balance Sheet (in '000s)
For the Year Ended September 30, 2016
9/30/2016
Current assets
Cash and cash equivalents
Net accounts receivable
Inventory
Total current assets
Gross plant, property, and equipment
(less accumulated depreciation)
Net plant, property & equipment
Long-term investments
Total assets
$0
Current liabilities
Accounts payable
Wages payable
Total current liabilities
Long-term debt
Total liabilities
Net assets
Ending balance, unrestricted net assets
Ending balance, temporarily restricted net assets
Total net assets
Total liabilities and net assets
$0
Profit and Loss Statement
Statement of Operations (in '000s)
For the Year Ended September 30, 2016
9/30/2016
Unrestricted revenues
Patient revenues (net of contractuals)
Provision for bad debt expense
Net patient revenues
Net assets released from temporary restriction
Total revenues
Operating expenses:
Labor expense
General expense
Supply expense
Depreciation expense
Interest expense
Total operating expenses
Excess of revenues over expenses
Transfer to parent corporation
Increase in unrestricted net assets
$0
Healthcare Financial Management and Economics To prepare forthls Assignment: Week 7 Assignment .. Chester Medical Center Examine the data lrom Chester Medical Center. Reect on how you will use this data to develop a Balance Sheet, Prolit and Loss Statement. and Cash Flow Statement. Refer to the course text for additional guidance. Assignment: Developing Financial Statements All organizations. inctuding those in the health-Ire industry. need to make money to be protable and survive. Financial statements. such as balance sheets. prot and loss statements. and cash "'7'" statements. summarize ""5 protability 3"" an organization's overall nancial status. For this Assignment. you practice developing three key nancial statements using data from the Chester Medial Center. chest-Ir Medical Condor Chester Meditnl Center is a large mid-western acute are and ambulatory facility serving an urban city population. The Assignment: :3:';"::';M mm Complete a Balance Sheet. Prot and Los Statement (Statement of Operations). and cm "ism Cash Ftow Statemem (Statement ot Changes in Net Assets) using the Week 7 Financial Patienlrlv-I-s rm m mus) mama Statement Excel Template located in the Learning Resources. Net amunta rumble $15M EMW bah-M ""me "mm "'l :1 am Your Assignment Is due by Day 7 of Week 7. Wags: pay-bin $7.1m inn-may $4.4m Lawn-rm am mmn Sunny nuance xztmn Gmsphl M. and Iquipnwnl mama Net aasgu man-am mmmmm gum Democrat?" m 31 QM emu: nut-a name Trailer m Danni mammalian ("Ami 3.9mm Mam llIllmd Miami: :1 seem Armin: any". at zmn i bil . tun mnmd It eogmmg am Mr 71 5mm mum: Inn-nae slam idiot my". $105." mam mm. Harm mgmn maxim-m1. mnmd mum Ewing balillDI. unmm mutants '15.." To prepare for this Assign merit
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