Question: Construct a Statement of cash flow for Timora B. Rown Nursing home based on the following information; 1. Inpatient charges $200,000 2. ER Charges $75,000
Construct a Statement of cash flow for Timora B. Rown Nursing home based on the following information;
1. Inpatient charges $200,000
2. ER Charges $75,000
3. Bad Debt $8%
4. Interest income $2,000
5. Payroll taxes 7.5%
6. Payroll $110,000
7. Mortgage $30,000
8. Ancillary Income $35,000
9. Utilities $24,000
10. Maintenance $14,000
11. Contractual adjustment $20,000
12. Travel $1,000
13. Professional develop $1,500
14. Net
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