Question: Chapter 12: Reporting Assets, Financing, and Cash Flows no Consider the following balance sheet. Sy is on Green Valley Nursing Home Inc. Balance Sheet December

 Chapter 12: Reporting Assets, Financing, and Cash Flows no Consider the

Chapter 12: Reporting Assets, Financing, and Cash Flows no Consider the following balance sheet. Sy is on Green Valley Nursing Home Inc. Balance Sheet December 31, 2016 ASSETS $ 105.737 Current assets Cash and cash equivalents Short-term securities Net accounts receivable Supplies Total current assets Property and equipment Less accumulated depreciation Net property and equipment Total assets LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable Accrued expenses Notes payable Current portion of long-term debt ENTRE Total current liabilities 200.000 215,600 87.655 $ 608,992 2,250,000 356,000 $1,894.000 $2.502.992 $ 72,250 192,900 100,000 80,000 $ 445,150 $1,700,000 Long-term debt Shareholders' equity bin Common stock, $10 par value Retained earnings Total shareholders' equity Total liabilities and shareholders' equity $ 100,000 257.842 $ 357,842 $2,502,992 a. How does this balance sheet differ from the ones presented in exhibits 12.1 and 12.2 and problem 12.5? What is Green Valley's debt ratio? How does it compare with the debt ratios for Park Ridge Homecare and BestCare? b. Chapter 12: Reporting Assets, Financing, and Cash Flows no Consider the following balance sheet. Sy is on Green Valley Nursing Home Inc. Balance Sheet December 31, 2016 ASSETS $ 105.737 Current assets Cash and cash equivalents Short-term securities Net accounts receivable Supplies Total current assets Property and equipment Less accumulated depreciation Net property and equipment Total assets LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable Accrued expenses Notes payable Current portion of long-term debt ENTRE Total current liabilities 200.000 215,600 87.655 $ 608,992 2,250,000 356,000 $1,894.000 $2.502.992 $ 72,250 192,900 100,000 80,000 $ 445,150 $1,700,000 Long-term debt Shareholders' equity bin Common stock, $10 par value Retained earnings Total shareholders' equity Total liabilities and shareholders' equity $ 100,000 257.842 $ 357,842 $2,502,992 a. How does this balance sheet differ from the ones presented in exhibits 12.1 and 12.2 and problem 12.5? What is Green Valley's debt ratio? How does it compare with the debt ratios for Park Ridge Homecare and BestCare? b

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