Question: Using this shortened financial statement, Download this shortened financial statement,which of the two hospitals (Sloan Kettering and Southeast) showed the: a. Largest percentage change in
Using this shortened financial statement, Download this shortened financial statement,which of the two hospitals (Sloan Kettering and Southeast) showed the:
a. Largest percentage change in total operating revenue from 2015-2016
b. Largest percentage change in 2015-2016 total current assets?
Please show the percentages you calculated for both hospitals and identify which hospital's change is the largest. Make both clear to the reader (me).
| Organizations Name: Sloan Kettering (in ,000s) | |||
| Fin Statement Field | 2016 | 2015 | |
| Benefit Expense | $458,454 | $457,287 | |
| Cash & Cash Equivalents | $698,872 | $422,330 | |
| Current Assets | $1,671,295 | $1,551,944 | |
| Current Liabilities | $800,605 | $724,248 | |
| Depreciation and Amortization Expense | $263,964 | $232,866 | |
| Excess of Revenues over Expenses | $178,170 | $169,169 | |
| Interest Expense | $48,724 | $49,401 | |
| Long-term debt | $2,544,709 | $2,476,950 | |
| Long-term Investments | $3,140,818 | $3,284,853 | |
| Marketable Securities | $177,868 | $242,330 | |
| Net Assets | $5,730,977 | $5,533,963 | |
| Net Patient Accounts Receivable | $499,284 | $613,285 | |
| Net Patient Revenues | $2,564,674 | $2,309,175 | |
| Net Receivables | $499,284 | $613,285 | |
| Operating Expense | $3,802,192 | $3,506,316 | |
| Operating Income (also use as net income) | $300,498 | $174,100 | |
| Principal Payments | $0 | $0 | |
| Salary Expense | $1,746,943 | $1,340,706 | |
| Total Assets | $9,891,492 | $8,040,077 | |
| Total Operating Expense | $3,802,192 | $3,506,316 | |
| Total Operating Revenues | $3,980,362 | $3,675,485 | |
| Net Cash from Operating Activities | $300,498 | $174,100 | |
| Net Cash from Investing Activities | $116,114 | $605,027 | |
| Net Cash from Financing Activities | $92,158 | $506,536 | |
| Organizations Name: Southeast Hospital | |||
| Fin Statement Field | 2016 | 2015 | |
| Benefit Expense | $29,648,348 | $27,860,100 | |
| Cash & Cash Equivalents | $36,194,513 | $23,218,391 | |
| Current Assets | $131,394,245 | $118,282,993 | |
| Current Liabilities | $55,399,886 | $60,046,555 | |
| Depreciation and Amortization Expense | $27,188,048 | $26,860,254 | |
| Excess of Revenues over Expenses | $2,797,765 | $489,269 | |
| Interest Expense | $7,077,079 | $7,985,707 | |
| Long-term debt | $132,154,428 | $120,634,884 | |
| Long-term Investments | $0 | $0 | |
| Marketable Securities | $0 | $0 | |
| Net Assets | $117,939,512 | $115,119,717 | |
| Net Patient Accounts Receivable | $34,679,125 | $36,592,593 | |
| Net Patient Revenues | $324,083,915 | $323,731,835 | |
| Net Receivables | $34,679,125 | $36,592,593 | |
| Operating Expense | $345,961,256 | $345,330,682 | |
| Operating Income (also use as net income) | $302,525 | $292,066 | |
| Principal Payments | $0 | $0 | |
| Salary Expense | $131,638,617 | $133,175,289 | |
| Total Assets | $3,153,337,321 | $305,483,709 | |
| Total Operating Expense | $345,961,256 | $345,330,682 | |
| Total Operating Revenues | $3,542,556 | $2,320,660 | |
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