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2015 2014 Operating Revenues: Patient service revenue $ 150,118 2,000 $ 148,118 18,782 3,079 $ 169,979...
Income Statement 2015 2014 Total Revenue $ 905,000 $ 875,000 Cost of Goods Sold $ &n
Income Statement 2015 2014 Total Revenue $ 905,000 $ 875,000 Cost of Goods Sold $ 470,600 $ 420,000 SGA Expense $ 48,000 $ 45,000 Depreciation $ 125,000 $ 105,000 EBIT $ 261,400 $ 305,000 Interest Expense $ 23,750 $ 20,000 Taxable Income $ 237,650 $ 285,000 Income Taxes $ 95,060 $ 114,000 Net Income $ 142,590 $ 171,000 Addition to Retained Earnings $ 78,668 Dividends $ 63,922 Balance Sheet Assets 2015 2014 Current Assets ...
Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues $3,806 Cost of goods sold...
Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues $3,806 Cost of goods sold 2,315 Selling, general, and administrative expenses 546 Depreciation 311 Eamings before interest and taxes (EBIT) Interest expense $634 170 $464 Pretax income Taxes 162 Net income $302 Dividends 75 Woodlands Inc. Balance Sheet ($ in millions) 2015 2014 Liabilities and Stockholders' Equity $ 503 $ 227 Accounts payable 2015 2014 $ 686$ 613 Assets Cash and equivalents Accounts receivable Inventory Net property & equipment...
$3.806 Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues Cost of goods sold...
$3.806 Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues Cost of goods sold 2,315 Selling, general, and administrative expenses 546 Depreciation 311 Earnings before interest and taxes (EBIT) Interest expense $634 170 Pretax income Taxes $464 162 $302 Net income 75 Dividends 2015 2014 $ 686$ 613 Assets Cash and equivalents Accounts receivable Inventory Net property & equipment Intangible assets Woodlands Inc. Balance Sheet ($ in millions) 2015 2014 Liabilities and Stockholders' Equity $ 503 $ 227...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabiliti...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days Accounts Receivable 1 Low ST liquidity risk high Low ST liquidity risk 0.4 Low ST liquidity risk Current Assets/ Current Liabilities (Cash+ShortTermInvestments+AccountsReceivable Current Liabilities Operating Cash Flow/0.5(Current Liabilities-2Year) 365/Accounts Receivable Turnover Ratio Accounts Receivable Turnover-Sales 0.5(Accounts Receivable-2Year) 565 Inventory lurnover Ratio Inventory Turnover Ratio Costs of Goods Sold'0.5(Inventory-2Year) 365/Accounts Payable Tumover Ratio Accounts Payable Turnover-Purchase 0.5(Accounts Payable-2Year) Purchase-Cost of Goods Sold+Ending Inventory-Beginning Inventory Days...
How does Tampa Clinic’s statement of cash flows compare with Sunnyvale’s statement? Exhibit 4.6. The 2018...
How does Tampa Clinic’s statement of cash flows compare with
Sunnyvale’s statement? Exhibit 4.6.
The 2018 Income Statement and Balance Sheet of Tampa Clinic, a not-for-profit organization, are presented below Tampa Clinic Income statement Year Ended December 31, 2018 Operating Revenues: Patient service revenue Less provision for bad debts Net patient service revenue Other revenue Net operating revenues $524,630 (27.630) $497,000 10,000 $507 000 Expenses: Salaries and benefits Supplies Insurance Depreciation Interest Total expenses Operating income $231,950 76,050 16,700 8,000...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days Accounts Receivable 1 Low ST liquidity risk high Low ST liquidity risk 0.4 Low ST liquidity risk Current Assets/ Current Liabilities (Cash+ShortTermInvestments+AccountsReceivable Current Liabilities Operating Cash Flow/0.5(Current Liabilities-2Year) 365/Accounts Receivable Turnover Ratio Accounts Receivable Turnover-Sales 0.5(Accounts Receivable-2Year) 565 Inventory lurnover Ratio Inventory Turnover Ratio Costs of Goods Sold'0.5(Inventory-2Year) 365/Accounts Payable Tumover Ratio Accounts Payable Turnover-Purchase 0.5(Accounts Payable-2Year) Purchase-Cost of Goods Sold+Ending Inventory-Beginning Inventory Days...
Income Statement Revenue Total revenue $470,100 Cost of Revenue $149,700 Gross Profit $320,100 Operating Exp Selling...
Income Statement Revenue Total revenue $470,100 Cost of Revenue $149,700 Gross Profit $320,100 Operating Exp Selling General & Admin $57,800 other $17,400 Total Operating Exp $269,900 Operating Income or Loss $200,200 Income from Continuing Operations Expenses Net/Total other Income $114,400 Earnings before Int & Tax $200,200 Interest Exp -$32,200 Income before Tax $314,600 Income Tax Exp $100 Minority Interest $23,300 Net Income from Continuing Ops $314,500 Net Income $295,300 Net Income applicable to common shares $230,700 Balance Sheet Current Assets...
Review the income statement which is Exhibit 11.2 on page 327 of our text and the...
Review the income statement which is Exhibit 11.2 on page 327
of our text and the balance sheet which is Exhibit 12.2 on page
356.
Describe the differences or changes from 2015 to 2016 relating
to the income and expenses of the firm.
EXHIBIT 11.2 Good Samaritan Medical Center: 2016 2015 Operating revenues Statements of Patient service revenue $150,118 $123,565 Operations for Years Ended Less: Provision for bad debts 1,800 2,000 December 31 Net patient service revenue $148,118 $121,765 2016...
The 2018 Income Statement and Balance Sheet of Tampa Clinic, a not-for-profit organization, are presented below....
The 2018 Income Statement and Balance Sheet of Tampa Clinic, a not-for-profit organization, are presented below. Tampa Clinic Income Statement Year Ended December 31, 2018 Operating Revenues: Patient service revenue $524,630 Less provision for bad debts (27630) $497,000 Net patient service revenue Other revenue Net operating revenues 10,000 $507,000 Expenses: Salaries and benefits Supplies Insurance Depreciation Interest Total expenses Operating income Nonoperating income: Investment income Net income $231,950 76,050 16,700 8,000 41,000 $373,700 $133,300 S 2,700 $136,000 Tampa Clinic Balance...
Income Statement- December 31, 2014 to December 31, 2015 Operating Revenues and Expenses Operating Revenues $1,000...
Income Statement- December 31, 2014 to December 31, 2015 Operating Revenues and Expenses Operating Revenues $1,000 Sales Returns 22,400 250 22,150 Total Operating Revenues Operating Expenses Cost of goods and services sold 6,000 3,000 6,000 900 250 6,000 600 22,750 Labor Materials Indirect cost Selling and promotion Depreciation General and administrative Lease payment Total Operating Expense Total Operating Income -600 Nonoperating Revenues and Expenses Rents Interest receipts Interest payments 30 200 -80 150 Total nonoperating Income Net Income before Tax...
Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues $3,806 Cost of goods sold 2,315 Selling, general, and administrative expenses 546 Depreciation 311 Eamings before interest and taxes (EBIT) Interest expense $634 170 $464 Pretax income Taxes 162 Net income $302 Dividends 75 Woodlands Inc. Balance Sheet ($ in millions) 2015 2014 Liabilities and Stockholders' Equity $ 503 $ 227 Accounts payable 2015 2014 $ 686$ 613 Assets Cash and equivalents Accounts receivable Inventory Net property & equipment...
$3.806 Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues Cost of goods sold 2,315 Selling, general, and administrative expenses 546 Depreciation 311 Earnings before interest and taxes (EBIT) Interest expense $634 170 Pretax income Taxes $464 162 $302 Net income 75 Dividends 2015 2014 $ 686$ 613 Assets Cash and equivalents Accounts receivable Inventory Net property & equipment Intangible assets Woodlands Inc. Balance Sheet ($ in millions) 2015 2014 Liabilities and Stockholders' Equity $ 503 $ 227...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days Accounts Receivable 1 Low ST liquidity risk high Low ST liquidity risk 0.4 Low ST liquidity risk Current Assets/ Current Liabilities (Cash+ShortTermInvestments+AccountsReceivable Current Liabilities Operating Cash Flow/0.5(Current Liabilities-2Year) 365/Accounts Receivable Turnover Ratio Accounts Receivable Turnover-Sales 0.5(Accounts Receivable-2Year) 565 Inventory lurnover Ratio Inventory Turnover Ratio Costs of Goods Sold'0.5(Inventory-2Year) 365/Accounts Payable Tumover Ratio Accounts Payable Turnover-Purchase 0.5(Accounts Payable-2Year) Purchase-Cost of Goods Sold+Ending Inventory-Beginning Inventory Days...
How does Tampa Clinic’s statement of cash flows compare with
Sunnyvale’s statement? Exhibit 4.6.
The 2018 Income Statement and Balance Sheet of Tampa Clinic, a not-for-profit organization, are presented below Tampa Clinic Income statement Year Ended December 31, 2018 Operating Revenues: Patient service revenue Less provision for bad debts Net patient service revenue Other revenue Net operating revenues $524,630 (27.630) $497,000 10,000 $507 000 Expenses: Salaries and benefits Supplies Insurance Depreciation Interest Total expenses Operating income $231,950 76,050 16,700 8,000...
2013 2014 2015 Formula Current Ratio Quick Ratio Operating Cash Flow to Average Current Liabilities Days Accounts Receivable 1 Low ST liquidity risk high Low ST liquidity risk 0.4 Low ST liquidity risk Current Assets/ Current Liabilities (Cash+ShortTermInvestments+AccountsReceivable Current Liabilities Operating Cash Flow/0.5(Current Liabilities-2Year) 365/Accounts Receivable Turnover Ratio Accounts Receivable Turnover-Sales 0.5(Accounts Receivable-2Year) 565 Inventory lurnover Ratio Inventory Turnover Ratio Costs of Goods Sold'0.5(Inventory-2Year) 365/Accounts Payable Tumover Ratio Accounts Payable Turnover-Purchase 0.5(Accounts Payable-2Year) Purchase-Cost of Goods Sold+Ending Inventory-Beginning Inventory Days...
Review the income statement which is Exhibit 11.2 on page 327
of our text and the balance sheet which is Exhibit 12.2 on page
356.
Describe the differences or changes from 2015 to 2016 relating
to the income and expenses of the firm.
EXHIBIT 11.2 Good Samaritan Medical Center: 2016 2015 Operating revenues Statements of Patient service revenue $150,118 $123,565 Operations for Years Ended Less: Provision for bad debts 1,800 2,000 December 31 Net patient service revenue $148,118 $121,765 2016...
The 2018 Income Statement and Balance Sheet of Tampa Clinic, a not-for-profit organization, are presented below. Tampa Clinic Income Statement Year Ended December 31, 2018 Operating Revenues: Patient service revenue $524,630 Less provision for bad debts (27630) $497,000 Net patient service revenue Other revenue Net operating revenues 10,000 $507,000 Expenses: Salaries and benefits Supplies Insurance Depreciation Interest Total expenses Operating income Nonoperating income: Investment income Net income $231,950 76,050 16,700 8,000 41,000 $373,700 $133,300 S 2,700 $136,000 Tampa Clinic Balance...
Income Statement- December 31, 2014 to December 31, 2015 Operating Revenues and Expenses Operating Revenues $1,000 Sales Returns 22,400 250 22,150 Total Operating Revenues Operating Expenses Cost of goods and services sold 6,000 3,000 6,000 900 250 6,000 600 22,750 Labor Materials Indirect cost Selling and promotion Depreciation General and administrative Lease payment Total Operating Expense Total Operating Income -600 Nonoperating Revenues and Expenses Rents Interest receipts Interest payments 30 200 -80 150 Total nonoperating Income Net Income before Tax...
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