HCA 311 Week 3 Assignment MHS Analysis
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MHS Analysis. Refer
to the Metropolis Health System Supplemental Information at the back of the
Examples and Exercises section. Use the MHS comparative Balance Sheet,
Statement of Revenue and Expenses, and Statement of Fund Balance (pgs. 404 –
407).
1) Identify the amounts for the
current year for the following categories:
a. Current Liabilities
b. Total Assets
c. Income from Operations
d. Accumulated Depreciation
e. Total Operating Revenue
f. Current Portion of Long-Term
Debt
g. Interest Income
h. Inventories
2) Metropolis currently has
$1,150,000 in cash. How long would it take them to accumulate $2,000,000 in
cash? Assumeaninterestrateof 5 percent.
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