Question:
Columbia healthcare service is a nonprofit organization. they have revenues of 22 million in 2014. In addition, they had personnel cost of 15.6 million, supplies of 1.4 million and depreciation of 1.2 million. All but 3 million of their revenue was received in cash. All other expenses were paid in cash as appropriate.
1. Construct an income statement for CHS
2. Show their net income
3. Show their profit margin
4. Show their cash flow for 2014