Calculate Riversides financial ratios for 2014. 2015 2014 Cash and equivalents $ 2,263 $ 3,095 Short-term investments 4,000 2,000 Net patient accounts receivable 21,840 20,738 Inventories 3,177 2,982 Total current assets $ 31,280 $ 28,815 Gross property and equipment $ 145,158 $ 140,865 Accumulated depreciation $ 25,160 $ 21,030 Net property and equipment $ 119,998 $ 119,835 Total assets $ 151,572 $ 148,650 Accounts payable $ 4,707 $ 5,145 Accrued expenses 5,650 5,421 Notes payable 2,975 6,237 Total current liabilities $ 13,332 $ 16,803 Long-term debut $ 28,750 $ 30,900 Capital lease obligations 1,832 2,155 Total long-term liabilities $ 30,582 $ 33,055 Net assets (equity) $ 107,364 $ 98,792 Total liabilities and net assets $ 151,278 $ 148,650
Calculate Riversides financial ratios for 2014. 2015 2014 Cash and equivalents $ 2,263 $ 3,095 Short-term investments 4,000 2,000 Net patient accounts receivable 21,840 20,738 Inventories 3,177 2,982 Total current assets $ 31,280 $ 28,815 Gross property and equipment $ 145,158 $ 140,865 Accumulated depreciation $ 25,160 $ 21,030 Net property and equipment $ 119,998 $ 119,835 Total assets $ 151,572 $ 148,650 Accounts payable $ 4,707 $ 5,145 Accrued expenses 5,650 5,421 Notes payable 2,975 6,237 Total current liabilities $ 13,332 $ 16,803 Long-term debut $ 28,750 $ 30,900 Capital lease obligations 1,832 2,155 Total long-term liabilities $ 30,582 $ 33,055 Net assets (equity) $ 107,364 $ 98,792 Total liabilities and net assets $ 151,278 $ 148,650
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Calculate Riversides financial ratios for 2014.
Transcribed Image Text:2015
2014
Cash and equivalents
$
2,263
$
3,095
Short-term investments
4,000
2,000
Net patient accounts receivable
21,840
20,738
Inventories
3,177
2,982
Total current assets
$ 31,280
$ 28,815
Gross property and equipment
$ 145,158
$ 140,865
Accumulated depreciation
$ 25,160
$ 21,030
Net property and equipment
$ 119,998
$ 119,835
Total assets
$ 151,572
$ 148,650
Accounts payable
$
4,707
$
5,145
Accrued expenses
5,650
5,421
Notes payable
2,975
6,237
Total current liabilities
$ 13,332
$ 16,803
Long-term debut
$
28,750
$
30,900
Capital lease obligations
1,832
2,155
Total long-term liabilities
$ 30,582
$ 33,055
Net assets (equity)
$ 107,364
$ 98,792
Total liabilities and net assets
$ 151,278
$ 148,650
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