Cash and cash Show more Metropolis Health System Balance Sheet March 31 2000 and 1999 Assets Current Assets Cash and cash equivalents $1150000 $400000 Assets whose use is limited 825000 825000 Patient accounts receivable 8700000 8950000 Less allowance for bad debts (1300000)

Cash and cash Show more Metropolis Health System Balance Sheet March 31 2000 and 1999 Assets Current Assets Cash and cash equivalents $1150000 $400000 Assets whose use is limited 825000 825000 Patient accounts receivable 8700000 8950000 Less allowance for bad debts (1300000)

(1300000) Other receivables 150000 100000 Inventories of supplies 900000 850000 Prepaid expenses 200000 150000 Total Current Assets $10625000 $9975000 Assets Whose Use is Limited Corporate funded depreciation $1950000 $1800000 Under bond indenture agreements held by trustee 1425000 1475000 Total Assets Whose Use is Limited $3375000 $3275000 Less Current Portion (825000) (825000) Net Assets Whose Use is Limited $2550000 $2450000 Property Plant and Equipment Net 19300000 19200000 Other Assets 325000 375000 Total Assets $32800000 $32000000 Liabilities and Fund Balance Current Liabilities Current maturities of long-term debt $525000 $500000 Accounts payable and accrued expenses 4900000 5300000 Bond interest payable 300000 325000 Reimbursement settlement payable 100000 175000 Total Current Liabilities $5825000 $6300000 Long-Term Debt $6000000 $6500000 Less Current Portion of Long-Term Debt (525000) (500000) Net Long-Term Debt $5475000 $6000000 Total Liabilities $11300000 $12300000 Fund Balances General Fund $21500000 $19700000 Total Fund Balances $21500000 $19700000 Total Liabilities and Fund Balances $32800000 $32000000 Metropolis Health System Statement of Revenue and Expenses for the Years Ended March 31 2000 and 1999 Revenue Net patient service revenue $34000000 $33600000 Other revenue 1100000 1000000 Total Operating Revenue $35100000 $34600000 Expenses Nursing services $5025000 $5450000 Other professional services 13100000 12950000 General services 3200000 3220000 Support services 8300000 8340000 Depreciation 1900000 1800000 Amortization 50000 50000 Interest 325000 350000 Provision for doubtful accounts 1500000 1600000 Total Expenses 33400000 33760000 Income from Operations $1700000 $840000 Nonoperating Gains (Losses) Unrestricted gifts and memorials $20000 $70000 Interest income 80000 40000 Nonoperating Gains Net 100000 110000 Revenue and Gains in Excess of Expenses and Losses $1800000 $950000 Calculate and Apply financial and operating ratios as performance evaluation measures for Metropolis Health System such as 1.LIQUIDITY RATIO current ratio quick ratio days cash on hand days receivable 2.SOLVENCY RATIO debt service coverage ratio liabilities to fund balance 3.PROFITABILITY RATIO operating margins return on total assets Show less

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