New York Presbyterian Outpatient Radiology reported net income for 2020 of $5.2 million on total revenues of $35 million. Depreciation expense totaled $1 million. a. What were total expenses for 2020? b. What were total cash expenses for 2020? (Hint: Assume that all expenses, except depreciation, were cash expenses.) c. What was the hospital’s 2020 estimated cash flow?
New York Presbyterian Outpatient Radiology reported net income for 2020 of $5.2 million on total revenues of $35 million. Depreciation expense totaled $1 million. a. What were total expenses for 2020? b. What were total cash expenses for 2020? (Hint: Assume that all expenses, except depreciation, were cash expenses.) c. What was the hospital’s 2020 estimated cash flow?
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 4PA: Jefferson Memorial Hospital is an investment center as a division of Hospitals United. During the...
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New York Presbyterian Outpatient Radiology reported net income for 2020 of $5.2 million on total revenues of $35 million.
a. What were total expenses for 2020?
b. What were total cash expenses for 2020? (Hint: Assume that all expenses, except depreciation, were cash expenses.)
c. What was the hospital’s 2020 estimated cash flow?
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