Question

Below is the balance sheet for BestCare Hospital for December 31, 2011. Youve been asked to forecast what the balance sheetThe supply inventory and accrued expense accounts stay the same in 2012 as they were in 2011. December 31, 2012 December 31,

What was the total increase in assets between 2011 and 2012?

What was the hospital's 2012 net income (assume the hospital is NFP and as such does not pay out dividends? Also assume that the hospital had no charitable donations during 2012).

What kinds of debt and equity are used to fund the hospital's increase in assets?

It's great that the hospital has positive net income and that it's growing its asset base. What concerns do you have about the hospital's performance?

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Answer #1

Date 2637 1121 387 Decal 2011 Current Asset Cash 2737 Net accounts recienaste -82|| 387 dupply inuentory Total cuelent assets

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