Which of the following is not a financial statement prepared by nongovernmental not-for-profit health care entities?
A. Statement of revenues, expenses, and changes in net assets.
B. Statement of cash flows.
C. Statement of changes in net assets.
D. Balance sheet.
Answer: A
You might also like to view...
A company issues 10%, 5-year bonds with a par value of $120,000 on January 1 at a price of $124,748, when the market rate of interest was 9%. The bonds pay interest semiannually. The amount of each semiannual interest payment is:
A. $5400. B. $10,800. C. $12,000. D. $6000. E. $0.
The gross margin ratio:
A. Should be greater than 1 for merchandising companies. B. Is a measure of liquidity and should exceed 2.0 to be acceptable. C. Is also called the profit margin. D. Indicates the percent of sales revenue remaining after covering the cost of the goods sold. E. Is also called the net profit ratio.
What is the present value of $2,000 to be received in six years if interest rates are 8% compounded semiannually? (Round to the nearest whole dollar)
A) $1,258 B) $1,249 C) $1,852 D) $1,158 E) $1,923
Inspection of products would be classified as a(n):
A. internal failure cost. B. external failure cost. C. appraisal cost. D. prevention cost.