Question: use the values below to answer questions 15 net receivables...
Use the values below to answer questions 1-5 Net Receivables $20,000 Current Ratio 3:1 Current Liabilities $15,000 Operating Cash $10,000 Unrestricted Cash $5,000 Cash Equivalents $40,000
1. Calculate the Cash in hand for a year.
2. Determine a Current Assets value using the figures above.
3. Determine a Quick Ratio.
4. Explain how each solvency ratio reflects the financial standing of an organization.
5. Briefly explain forecasting and how it is important to the operation of a healthcare facility.