Given the information below for Quarter 1 20X1, compute the days in accounts receivable, aging schedule Sep, Aug, and July, average patient daily revenue  and accounts receivables as a % of revenue for Sep, Aug and July.   Givens (in '000)   Quarter 1, 20X1 Time   Sep Aug Jul Quarter Days outstanding   1-30 31-60 61-90 1-90 Net accounts receivable   $500 $800 $3,700 $5,000 Net patient revenue   $1,000 $5,000 $9,000 $15,000

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
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Chapter7: Accounting Information Systems
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Given the information below for Quarter 1 20X1, compute the days in accounts receivable, aging schedule Sep, Aug, and July, average patient daily revenue  and accounts receivables as a % of revenue for Sep, Aug and July.

 

Givens (in '000)

 

Quarter 1, 20X1

Time

 

Sep

Aug

Jul

Quarter

Days outstanding

 

1-30

31-60

61-90

1-90

Net accounts receivable

 

$500

$800

$3,700

$5,000

Net patient revenue

 

$1,000

$5,000

$9,000

$15,000

   
           
           
     
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