Mhs Analysis
MHS Analysis
Cassandra Britt
HCA311: Health Care Financing & Information Systems
Professor Monica Vargas
July 15, 2013
MHS Analysis 1. Identify the amounts for the current year for the following categories: a) Current Liabilities - $5,825,000.00 b) Total Assets - $32,800,000.00 c) Income from Operations - $1,700,000.00 d) Accumulated Depreciation - $26,100,000.00 e) Total Operating Revenue - $35,100,000.00 f) Current Portion of Long-Term Debt - $525,000.00 g) Interest Income - $80,000.00 h) Inventories - $900,000.00 2. Metropolis currently has $1,150,000.00 in cash. How long would it take them to accumulate $2,000,000.00 in cash? Assume and interest rate of 5 percent.
It would take Metropolis 12 years to accumulate $2 million in cash.
1st Year - $1,150,000 x 5% = $57,500; $1.150,000 + $57,500 = $1,207,500.00
2nd Year - $1,207,500 x 5% = $60,375; $1,207,000 + $60,375 = $1,267,875
3rd Year - $1,267,875 x 5% = $63,393.75; $1,267,875 + $63,393 = $1,331,268.75
4th Year - $1,331,268.75 x 5% = $66,563.44; $1,331,268.75 + $66,563.44 = $1,397,832.19
5th Year - $1,397,832.19 x 5% = $69,891.61; $1,397,832.19 + $69,891.61 = $1,467,723.80
6th Year - $1,467,723.80 x 5% = $73,386.19; $1,467,723.80 + $73,386.19 = $1,541,109.99
7th Year - $1,541,109.99 x 5% = $77,055.50; $1,541,109.99 + $77,055.50 = $1,618,165.49
8th Year - $1,618,165.49 x 5% = $80,908.27; $1,618,165.49 + $80,908.27 = $1,699,073.76
9th Year - $1,699,073.76 x 5% = $84,953.69; $1,699,073.76 + $84,953.69 = $1,784,027.45
10th Year - $1,784,027.45 x 5% = $89,201.37; $1,784,027.45 + $89,201.37 = $1,873,228.82
11th Year - $1,873,228.82 x 5% = $93,661.44; $1,873,228.82 + $93,661.44 = $1,966,890.26
12th Year - $1,966,890.26 x 5% = $98,344.51; $1,966,890.26 + $98,344.51 =
Cassandra Britt
HCA311: Health Care Financing & Information Systems
Professor Monica Vargas
July 15, 2013
MHS Analysis 1. Identify the amounts for the current year for the following categories: a) Current Liabilities - $5,825,000.00 b) Total Assets - $32,800,000.00 c) Income from Operations - $1,700,000.00 d) Accumulated Depreciation - $26,100,000.00 e) Total Operating Revenue - $35,100,000.00 f) Current Portion of Long-Term Debt - $525,000.00 g) Interest Income - $80,000.00 h) Inventories - $900,000.00 2. Metropolis currently has $1,150,000.00 in cash. How long would it take them to accumulate $2,000,000.00 in cash? Assume and interest rate of 5 percent.
It would take Metropolis 12 years to accumulate $2 million in cash.
1st Year - $1,150,000 x 5% = $57,500; $1.150,000 + $57,500 = $1,207,500.00
2nd Year - $1,207,500 x 5% = $60,375; $1,207,000 + $60,375 = $1,267,875
3rd Year - $1,267,875 x 5% = $63,393.75; $1,267,875 + $63,393 = $1,331,268.75
4th Year - $1,331,268.75 x 5% = $66,563.44; $1,331,268.75 + $66,563.44 = $1,397,832.19
5th Year - $1,397,832.19 x 5% = $69,891.61; $1,397,832.19 + $69,891.61 = $1,467,723.80
6th Year - $1,467,723.80 x 5% = $73,386.19; $1,467,723.80 + $73,386.19 = $1,541,109.99
7th Year - $1,541,109.99 x 5% = $77,055.50; $1,541,109.99 + $77,055.50 = $1,618,165.49
8th Year - $1,618,165.49 x 5% = $80,908.27; $1,618,165.49 + $80,908.27 = $1,699,073.76
9th Year - $1,699,073.76 x 5% = $84,953.69; $1,699,073.76 + $84,953.69 = $1,784,027.45
10th Year - $1,784,027.45 x 5% = $89,201.37; $1,784,027.45 + $89,201.37 = $1,873,228.82
11th Year - $1,873,228.82 x 5% = $93,661.44; $1,873,228.82 + $93,661.44 = $1,966,890.26
12th Year - $1,966,890.26 x 5% = $98,344.51; $1,966,890.26 + $98,344.51 =