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PaperAssignment_1_HCM213.docx

ASSIGNMENT COVER SHEET

Course name:

Introduction to Mental Health

Course number:

PHC-273

Assignment title or task:

(You can write a question)

The following are account balances as of September 30, 2020, for Ray Hospital. Prepare a balance sheet for the given date i.e., September 30, 2020.

(Hint net assets will also need to be calculated.) (3 Marks) Also Find out the Current Ratio (1 Mark) and Net Working Capital (1 Mark)

Givens

Gross plant, property, and equipment $70,000,000

Accrued expenses $6,000,000

Cash $8,000,000

Net accounts receivable $15,500,000

Accounts payable $7,000,000

Long-term debt $45,000,000

Supplies $3,000,000

Accumulated depreciation $5,000,000

Student Name:

Student ID:

Submission Date:

Instructor name:

Grade:

…. Out of 5

Release Date: 04.10.2020

Due Date: 10.10.2020

Instruction:

· Length of the write-up should be not more than 500 words.

· Font should be Times New Roman, and size should be 12.

· Line spacing should be 2.0.

· Proper headings with number should be given for each segment