Profit
ElaineLComplete the Excel Sheet based on the instruction attachment
2 years ago
15
files (2)Instruction.docx
Excelsheet.xlsx
Instruction.docx
Whenever you have the word "net" in front of something, think of it as what is left over after deducting expenses from revenue or deducting depreciation from equipment/property.
For Excess of revenues over expenses, subtract total expenses from total revenue.
For assets that have been released, they would be subtracted from net assets i.e. become a negative number, placed in parentheses.
Your increase in net assets is determined by using the excess revenue and then subtracting any transfers or releases.
For beginning balance, net assets - add both restricted and unrestricted net assets together.
There may be numbers in the sheets/statements that you do not use
I hope this helps!
image1.png
Excelsheet.xlsx
Balance Sheet
| Balance Sheet (in '000s) | |
| For the Year Ended September 30, 2023 | |
| 9/30/23 | |
| Current assets | |
| Cash and cash equivalents | |
| Net accounts receivable | |
| Inventory | |
| Total current assets | |
| Gross plant, property, and equipment | |
| (less accumulated depreciation) | |
| Net plant, property & equipment | |
| Long-term investments | |
| Total assets | $0 |
| Current liabilities | |
| Accounts payable | |
| Wages payable | |
| Total current liabilities | |
| Long-term debt | |
| Total liabilities | |
| Net assets | |
| Ending balance, unrestricted net assets | |
| Ending balance, temporarily restricted net assets | |
| Total net assets | |
| Total liabilities and net assets | $0 |
Profit and Loss Statement
| Profit and Loss Statement | |
| Statement of Operations (in '000s) | |
| For the Year Ended September 30, 2023 | |
| 9/30/23 | |
| Unrestricted revenues | |
| Patient revenues (net of contractuals) | |
| Provision for bad debt expense | |
| Net patient revenues | |
| Net assets released from temporary restriction | |
| Total revenues | |
| Operating expenses: | |
| Labor expense | |
| General expense | |
| Supply expense | |
| Depreciation expense | |
| Interest expense | |
| Total operating expenses | |
| Excess of revenues over expenses | |
| Transfer to parent corporation | |
| Increase in unrestricted net assets | $0 |
Cash Flow Statement
| Cash Flow Statement | |
| Statement of Changes in Net Assets (in '000s) | |
| For the Year Ended September 30, 2023 | |
| 9/30/23 | |
| Unrestricted net assets | |
| Excess of revenues over expenses | |
| Unrestricted contributions | 0 |
| Transfer to parent corporation | |
| Change in unrestricted net assets | 0 |
| Temporarily restricted net assets | |
| Net assets released from temporary restriction | |
| Change in temporarily restricted net assets | 0 |
| Permanently restricted net assets | |
| 0 | |
| Change in permanently restricted net assets | 0 |
| Increase in net assets | 0 |
| Beginning balance, net assets | |
| Ending balance, total net assets | $0 |
Instruction.docx
Whenever you have the word "net" in front of something, think of it as what is left over after deducting expenses from revenue or deducting depreciation from equipment/property.
For Excess of revenues over expenses, subtract total expenses from total revenue.
For assets that have been released, they would be subtracted from net assets i.e. become a negative number, placed in parentheses.
Your increase in net assets is determined by using the excess revenue and then subtracting any transfers or releases.
For beginning balance, net assets - add both restricted and unrestricted net assets together.
There may be numbers in the sheets/statements that you do not use
I hope this helps!
image1.png
- strategic Management
- Use beginner level of C++ string
- Just for globalresearchers
- COM/150 CheckPoint: Topic Outline and Working Reference List Appendix E
- Phase 5 IP Organized Labor and Human Resources Plans
- Business Plan
- A bond with face value $1,000 has a current yield of 6% and a coupon rate of 8%
- Within the context of family systems theory, what does “interdependence” mean? Give an example of a change in family roles that illustrates the interdependence of family members.
- Statistic Homework help
- any one can do this
