Listed below are the balance sheet and statement of operations for Wynn Memorial Nursing Home for 20

Listed below are the balance sheet and statement of operations
for Wynn Memorial Nursing Home for 2008 and 2009.
2. Compute Wynn Memorial Nursing Home’s acid (or acid-test)
ratio.
3. Compute Wynn Memorial Nursing Home’s days in accounts
receivable.
3. Compute Wynn Memorial Nursing Home’s average payment
period.
4. Compute Wynn Memorial Nursing Home’s long-term debt to net
assets ratio.
5. Compute Wynn Memorial Nursing Home’s net assets to total
assets ratio.
6. Compute Wynn Memorial Nursing Home’s total asset turnover
ratio.
7. Compute Wynn Memorial Nursing Home’s fixed asset turnover
ratio.
8. Compute Wynn Memorial Nursing Home’s return on total
assets.
9. Compute Wynn Memorial Nursing Home’s operating margin.

Wynn Memorial Nursing Home Balance Sheet (in 000) For the Years Ending December 31, 2009 and 2008 Wynn Mem orial Nursing Home Statem ent of Operations (in 000) For the Years Ended December 31, 2009 and 2008 2009 2008 2009 2008 Current Assets: Cash and Cash Equivalents Net Patient Receivables Prepaid Expenses Total Current Assets Revenues: Net Patient Service Revenue Other Revenue Total Revenues Revenue Total Revenues $1,400 200 1,600 $1,200 200 1,400 295 1,320 110 350 300 Plant, Property, & Equipment Gross Plant, Property, & Equipmei (less Accumulated Depreciation) Net Plant, Property, & Equipment Expenses: Nursing Services Administrative Services Depreciation General Services Total Expenses 20 1,500 1,300 Construction in Progress 203 0 Operating Income Excess of Revenues over Expenses 100 100 100 100 Total Assets $888 $615 $190 Current Liabilities: Accounts Payable Salaries Payable Total Current Liabilities $220 75 295 240 Long-Term Liabilities: Bonds Payable Total Long-Term Liabilities 100 100 – 30 100 Net Assets 493 355

Get a plagiarism free copy of this essay from our experts
Listed below are the balance sheet and statement of operations for Wynn Memorial Nursing Home for 20
For as low as $13/Page
Order Now