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(Answered) Green Valley nursing home- INC balance sheet


Green Valley Nursing Home, Inc Balance Sheet December 31, 2011 Assets Current ASSETS Cash: 105,000 Investments: 200,000 Net patient accounts receivables: 215, 600 Supplies: 87,655 Total current assets: 608,992 Property and equipment: 2, 250,000 Less accumulated depreciation: 356,000 Net property and equipment: 1, 894,000 Total assets: 2, 502,992 Liabilities and Shareholders Equity Current Liabilities Account payable: 72,250 Accrued expenses: 192,900 notes payable: 180,000 total current liabilities: 445,150 Long term debt Shareholders Equity Common stock, $10 par value: 100,00 Retained earnings: 257,842 Total shareholders equity:357,842 Total liabilities and shareholders equity: 2,502,992 b) what is green valley's net working capital for 2011? c) what is green valleys debt ratio?
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Green Valley nursing home- INC balance sheet

 


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