Metropolis Health System Supplemental Information

Refer to the Metropolis Health System Supplemental Information at the
back of the Examples and Exercises section. Use the MHS comparative Balance
Sheet, Statement of Revenue and Expenses, and Statement of Fund Balance (pgs.
404 – 407).
Identify the amounts for the current year for the following categories:

Current Liabilities
Total Assets
Income from Operations
Accumulated Depreciation
Total Operating Revenue
Current Portion of Long-Term Debt
Interest Income
Inventories
Metropolis currently has $1,150,000 in cash. How long would it take them to
accumulate $2,000,000 in cash? Assume an interest rate of 5 percent.

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