FINAL ASSESSMENT (SHOW ALL WORK) ORIGINAL ANSWER ALL QUESTIONS!

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PLEASE READ BELOW!! I NEED GOOD QUALITY WORK

 

THIS PAPER NEEDS A PROPER INTRODUCTION AND CONCLUSION WITH APA STYLE REFERNCES!

I WILL ALSO NEED A GRAD LEVEL POWERPOINT PRESENTAION OF THIS ASSIGNMENT WHICH WILL EITHER   can cover Payer mix, TVM, or Income Statements, Financial ratios (CHOOSE ONE)

PRESENTATION NEEDS TO BE PROFESSIONAL. (leave notes on bottom of each slide for me to present!)

 

 

ANSWER ALL QUESTIONS AND SHOW THE WORK! 

 

SHOW ALL WORK

Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:

 

30 Medicare cases

 

pay $2,000 per case

  

30 Blue Cross Blue Shield cases

 

pay $2,200 per case

  

20 commercial cases

 

pay 100 percent of charges

  

10 Medicaid cases

 

pay average cost

  

8 self-pay cases

 

pay 100 percent of charges

  

2 charity cases

 

pay nothing

  
     

Average cost per case is expected to be $2,200, and the average charge per case is $2,500

 

 

I should see the following:  ( show work)
 
A total for gross patient revenue
 
A total for deductions for gross patient revenue
 
     Net patient revenue
 
Total expenses
 
Excess of revenue over expenses       
 
 
Ms. J

 

  1.  Calculate gross patient revenue, deductions from gross patient revenue, net patient revenue, total expenses, and excess of revenues over expenses.
  2.  Define revenue
  3.  Define fee for service, discounted fee for service, charity services, and payment before service is delivered.  ( all written assignments must be in APA format)

 

 

 

Time Value of Money  (TVM)

 

Calculate the Future Value of $1 in each of these 3 projects

 

TVM Exercise

Project                            Number of periods                            Interest rate

Pop                                              5                                                  11%

Whistle                                         4                                                    7%

Loop                                             3                                                    8%

 

 

 

 

 

 

Calculate the Present Value of each of the Projects below:

 

Project                            End of period                             Discount rate                          Single cash Flow

Pop                                              5                                                  11%                                     $10,000

Whistle                                        15                                                   7%                                         7,500

Loop                                            25                                                   8%                                         5,000

 

Future value and present value concepts are extremely important to the role of financial management and impact cash flow.  The response and discussion activities for this objective may require research on the topic of time value in finance.

 

Explain the role of time value in finance and evaluate the impact it has in financial management.


Define TVM

 

Income Statement Preparation:

 

Prepare an Income Statement, in proper format, for 2015 for Johnson Medical Supplies (JMS) from the following information:

  • Salaries                          $70,000
  • Insurance                            $700
  • Utilities                           $3,500
  • Gas/Auto                         $5,750
  • Office Supplies               $7,250
  • Revenue                      $175,000
  • Rent                              $12,000
  • Maintenance                  $50,000

 

Calculate, define, and discuss the operating expenses, operating profit, and profit percentage.

Discuss what an income statement is

Did JMS have a good year? Why/Why not? 

 

                 a.  Look at industry average



Complete the ratios listed based on the following Income Statement and Balance Sheet.

   
       

ABC Company Income Statement

 

Last Year

 
       

Sales

  

$1,000,000

 

$900,000

 
       

Cost of Goods Sold

  

$750,000

 

$650,000

 

Gross Profit

  

$250,000

 

$250,000

 
       

Operating Expenses

      

   Selling Expenses

 

$50,000

    

   Administrative Expenses

 

$85,000

    

       Total Operating Expenses

 

$135,000

 

$127,000

 
       

Operating Income

  

$115,000

 

$123,000

 

   Interest Expense

  

$17,500

 

$17,500

 
       

Net Income before Taxes

  

$97,500

 

$105,500

 

   Income Tax Expense

  

$34,125

 

$36,925

 
       

Net Income after Taxes

  

$63,375

 

$68,575

 
       
       

ABC Company Balance Sheet

   

Current Assets

      

   Cash

  

$5,500

 

$4,950

 

   Accounts Receivable

  

$21,000

 

$18,900

 

   Inventory

  

$17,500

 

$15,750

 
       

Total Current Assets

  

$44,000

 

$39,600

 
       

Non-Current Assets

      

   Machinery & Equipment

  

$100,000

 

$90,000

 

   Furniture & Fixtures

  

$15,000

 

$13,500

 

   Transportation Equipment

 

$25,000

 

$22,500

 

   Accumulated Depreciation

 

$17,500

 

$15,750

 
       

Total Non-Current Assets

  

$122,500

 

$110,250

 
       

Total Assets

  

$166,500

 

$149,850

 
       

Current Liabilities

      

   Accounts Payable

  

$25,000

 

$22,500

 

   Notes Payable

  

$15,500

 

$13,950

 

   Wages Payable

  

$1,200

 

$1,080

 
       

Current Liabilities

  

$41,700

 

$37,530

 
       

Non-Current Liabilities

      

   Long-Term Notes

  

$27,000

 

$24,300

 
       

Total Liabilities

  

$68,700

 

$61,830

 
       

Stockholders' Equity

      

   Retained Earnings

  

$65,000

 

$58,500

 

   Common Stock

  

$32,800

 

$29,520

 
       

Total Equity

  

$97,800

 

$88,020

 
       

Total Liabilities & Equity

  

$166,500

 

$149,850

 
       
  

Quick Ratio

 

 

 

Current Ratio

 

 

 

Accounts Receivable Turnover

 

 

 

Inventory Turnover

 

 

 

Net Profit on Sales

 

 

 

Gross Profit Margin

 

 

 

Return on Assets

 

 

 

Return on Equity

 

 

 

Working Capital

 

 

 

Debt to Equity

 

 

 

Times Interest Earned

 

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