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Assignments – Healthcare Finance

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Assignments – Healthcare Finance

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6vj67v59wc
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Assignment #2

Entries for the Al-Dhahran Stars Clinic


2023 income statement are listed below
in alphabetical order. Reorder the data
in proper format.

* Note that investment income is reported as


nonoperating income, which is separate from
operating revenues. This format will allow for the
reporting of both net operating income and net
income.
The deadline for submission is 25/11/2024
Depreciation expense SR 90
General/administrative expenses 70000
Interest expense 20000
Investment income 40000
Net income 30000
Net operating revenues 41000
Net patient service revenue 40000
Other revenue 10000
Purchased clinic services 90000
Salaries and benefits 15000
Total expenses 42000

Exercise

Dammam Medical Center had the following entries


for 2023 income statement:
Insurance expense SR 40,000
Government Contributions 80,000
Net income 60,000
Net patient service revenue 800,000
Leased services 180,000
Salaries and benefits 300,000
Other revenue 20,000
Depreciation expense 180,000
Administrative expenses 140,000

Find the following "nancial values:

1. The total expenses for 2023 :


2. The net operating revenues for 2023
were:
3. The 2023 cash !ow was:
4. The 2023 net income was:
5. The 2023 total pro"t margin was:
6. The 2023 net operating income (loss) was:
7. The 2023 non-operating income was:

Hints:

Net income = Operating income + Total


nonoperating income
= (Net operating revenues - Total
Expenses) + Total nonoperating income

Operating income = Net operating revenues


- Total Expenses
Total profit margin = Net income ÷ Total
revenues
Cash flow = Net income + Noncash
expenses
= Net income + Depreciation

Assume that government contributions were


the non-operating income.
Assume the noncash expenses as the
depreciation expenses.

Exercise 2

1.

ABC Clinic: Statement of CFs

Cash Flows Activities: 2023 2022

Net cash from operations SR 5,520 8,001

Net cash from investing (SR 22,400) (19,701)

Net cash from "nancing SR 74,223 521

What is the net increase (decrease) in cash at


(2023)?
If the cash and equivalents at the beginning of
2023 were (SR 7,800), what would the cash and
equivalents be at the end of this year?

2. If we had the following cash #ow activities


for XY hospital’s statement of CFs, and the
Net increase in cash was (SR 35,440), what is
the value of net cash from the investment?

Cash Flows Activities: 2024

Net cash from operations SR 2,110

Net cash from investing

Net cash from "nancing SR 40,547

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