Scribd Logo
Upload

Welcome to Scribd!

  • HPA 14 Assignment Due October 14th

    Uploaded by

    c
    15 views2 pages
    The balance sheet shows total current assets of $470,000 including cash of $190,000 and accounts receivable of $250,000. Total non-current assets are $493,000 including property, plant and equipment of $360,000. Total assets are $963,000 with current liabilities of $345,000 and non-current liabilities of $200,000, for total liabilities of $545,000. Stockholders' equity is $418,000, equal to total assets minus total liabilities.

    Original Description:

    Original Title

    HPA 14 Assignment due October 14th

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The balance sheet shows total current assets of $470,000 including cash of $190,000 and accounts receivable of $250,000. Total non-current assets are $493,000 including property, plant and equipment of $360,000. Total assets are $963,000 with current liabilities of $345,000 and non-current liabilities of $200,000, for total liabilities of $545,000. Stockholders' equity is $418,000, equal to total assets minus total liabilities.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    15 views2 pages

    HPA 14 Assignment Due October 14th

    Uploaded by

    c
    The balance sheet shows total current assets of $470,000 including cash of $190,000 and accounts receivable of $250,000. Total non-current assets are $493,000 including property, plant and equipment of $360,000. Total assets are $963,000 with current liabilities of $345,000 and non-current liabilities of $200,000, for total liabilities of $545,000. Stockholders' equity is $418,000, equal to total assets minus total liabilities.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    Christina Jud

    HPA 14

    Balance Sheet

    Assets

    Current assets

    Cash and cash equivalents $190,000


    Inventories $25,000
    Accounts Receivable $250,000
    Prepaid Insurance $5,000

    Total current assets $470,000

    Non-current Assets

    Net property, plants, and Equipment $360,000


    Other non-current assets $133,000

    Total non-current assets $493,000

    Total assets $963,000

    Liability and Equity

    Current liability
    Accounts payable $293,000
    Short-term debt $52,000

    Total current liability $345,000

    Non-current liability
    Long-term debt $200,000

    Total liability $545,000

    Stockholders’ equity

    Equity $418,000

    Total liability and stockholders’ equity $963,000


    Operating revenue $2,000,000

    Total operating expenses $1,885,000

    Selling and administration expenses

    Medical and surgical supplies $600,000


    Depreciation -$40,000
    Therapy services -$860,000
    Other professional services -$80,000
    Support services -$220,000
    General services -$65,000
    Interest expense -$20,000

    Total $1,885,000

    Income from operations $115,000


    Income from non-operating gains $5,000

    Net income $120,000

    You might also like