We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!

What is BestCare’s net working capital for 2011?

What is BestCare’s net working capital for 2011?

Financial Statements
Assess cost concepts, management control processes of budgeting, revenue cycle management, working capital, time value analysis, capital budgeting analysis, and long-term financing decisions.
Solve the following financial problems, and submit the answers, including your work, in a Word or Excel document:
Problem 3.5 from following;
Brandywine Homecare, a non-for-profit business, had revenues of $12 million in 2011. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was $1.5 million. All revenues were collected in cash during the year and all expenses other than depreciation were paid in cash.
a) Construct Brandywine’s 2011 income statement
b) What were Brandywine’s net income, total profit margin, and cash flow?
c) Now, suppose the company changed its depreciation calculation procedures (still within GAAP) such that its depreciation expense doubled. How would this change affect Brandywine’s net income, total profit margin, and cash flow?
d) Suppose the change had halved, rather than doubled, the firm’s depreciation expense. Now, what would be the impact on net income, total profit margin, and cash flow?
Problem 4.5 from the following;
Consider the following balance sheet:
BestCare HMO
Balance Sheet
June 30, 2011
(in thousands)
Current Assets:
Cash $2,737
Net premiums receivable 821
Supplies __387
Total current assets $3,945
Net property and equipment $5,924
Total assets $9,869
Liability and Net Assets
Account payable –medical services $2, 145
Accrued expense 929
Notes payable 382
Total current liabilities $3,456
Long-term debt $4, 295
Total liabilities $7,751
Net assets—-unrestricted equity $2,118
Total liabilities and net assets $9,869
a) How does this balance sheet differ from the one percent in exhibit 4.1 for Sunnyvale?
b) What is BestCare’s net working capital for 2011?
c) What is BestCare’s debt ration? How does it compare with Sunnyvale’s debt ratio?
Problem 4.6 from the following;
Please check the balance sheet for Green Valley Nursing, Home, Inc. is in the attached file, and follow the question below;
a) How does this balance sheet differ from the ones presented in Exhibit 4.1 and problem 4.5?
b) What is Green Valley’s net working capital for 2011?
c) What is Green Valley’s debt ratio? How does it compare with the debt ratio for Sunnyvale and BestCare?

Our Service Charter
1. Professional & Expert Writers: Nursing Experts .org only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.
2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.
3. Plagiarism-Free Papers: All papers provided by Nursing Experts .org are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.
4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Nursing Experts .org is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.
5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.
6. 24/7 Customer Support: Nursing Experts .org, we have put in place a team of experts who answer to all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.

  • Home
  • About Us
  • Services
  • Prices
  • Guarantees
  • Contact Us
Free resources
  • Free Essays
  • Essay tips
  • Essay types
  • Plagiarism Checker
Dissertation help
  • Free consultation
  • Essay examples
  • Buy essay
  • Dissertation assistance
  • Free dissertations
  • Coursework help
nursingexperts.org  ©2017- 2021  All rights reserved. Terms of use | Privacy Policy