HCS 405 Week 3 Balance Sheet Worksheet and Template\t\u00a0\tComplete the Balance Sheet Worksheet and Template.\tFormat your assignment according to APA guidelines.\tClick the Assignment Files tab to submit your assignment.\tBalance Sheet Worksheet\tConsider the following scenario:\tImagine you are a manager of a small health care facility and in charge of developing an annual balance sheet to help your stakeholders understand the organization’s financial standing.\tYour health care facilities figures are as follows:\tYour facility has $700,000 cash on hand; $1,300,000 in accounts receivables; $175,000 in inventory; and $150,000 in supplies.\tYour chief financial officer (CFO) has provided you with the following assets:\tLand value \ufffd $3,000,000\tProperty value $\u00a0\u00a0 287,500\tPlant value \ufffd $\u00a0\u00a0 287,500\tInvestment income (loss) \ufffd\u00a0\u00a0 $\u00a0\u00a0 147,000\tEquipment value \ufffd\u00a0\u00a0\u00a0 $\u00a0\u00a0 350,000\tYour CFO has provided you with the following liabilities:\tAccounts payable \ufffd\u00a0\u00a0 $1,400,000\tWages payable \ufffd \ufffd\u00a0 $\u00a0\u00a0 480,000\tTaxes payable\u00a0 $\u00a0\u00a0 225,000\tLoans payable $\u00a0\u00a0 70,000\tBonds payable \ufffd \ufffd\u00a0 $\u00a0\u00a0 68,000\tYour CFO has provided you with the following owners equity:\tRetained earnings \ufffd\u00a0 $\u00a0\u00a0 148,000\tStock\u00a0\u00a0 $\u00a0\u00a0 340,000\tUsing the ABC Health Care Balance Sheet template, complete a balance sheet in which you include the net profit (loss).\tWrite a 350- to 700-word executive summary that explains to the board of directors how you developed the balance sheet and its importance.\tInclude the following in your summary:\tExplain the process for creating a balance sheet.\tExplain the total assets, liabilities, and net worth (loss).\tExplain the use of profitability, liquidity, and debt ratios.\tCite at least 2 sources, including your textbook.\tFormat your assignment according to APA guidelines.\tClick the Assignment Files tab to submit your assignment.<\/p>\n","protected":false},"excerpt":{"rendered":"
HCS 405 Week 3 Balance Sheet Worksheet and Template \u00a0 Complete the Balance Sheet Worksheet and Template. Format your assignment according to APA guidelines. Click the Assignment Files tab to submit your assignment. Balance Sheet Worksheet Consider the following scenario: Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-219268","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/219268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=219268"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/219268\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=219268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=219268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=219268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}