. Great Forks Hospital reported net income for 2014 of $2.5
million on total revenues of $30 million. Depreciation expense totaled $1.5
a) What were total expenses
b) What were total cash
expenses for 2014? (Hint: Assume that all expenses, except depreciation, were
was the hospital's 2014 cash flow?
Thank you for the opportunity to help you with your question!
a. Total revenues = 30
less:net income = (2.5)
Total expenses = 27.5
b. Total expenses(as above) 27.5
less: depreciation(non cash) (1.5)
total cash expenses 26
c. Total revenue(suppose all in cash) 30
less: total cah expenses(suppose paid) (26)
Hospitals cash flow 4
Content will be erased after question is completed.
Enter the email address associated with your account, and we will email you a link to reset your password.
Forgot your password?