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4.3 Here is financial statement information on four not-for-profit clinics: Mateos net income? Pittman Rose Beckman Jaffe De
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Particulars Pittman Rose Beckman Jaffe
December 31, 2014:
Assets $80,000.00 $100,000.00 $120,000.00 $150,000.00
Liabilities $50,000.00 $40,000.00 $75,000.00 $60,000.00
Equity $30,000.00 $60,000.00 $45,000.00 $90,000.00
December 31, 2015:
Assets $100,000.00 $130,000.00 $180,000.00 $225,000.00
Liabilities $55,000.00 $62,000.00 $70,000.00 $80,000.00
Equity $45,000.00 $68,000.00 $110,000.00 $145,000.00
During 2015:
Total revenues $345,000.00 $400,000.00 $425,000.00 $500,000.00
Total expenses $330,000.00 $392,000.00 $360,000.00 $445,000.00

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