The financial reporting documents provided from Metropolitan Health System provide information regarding the financial activities of the organization. Some of the notable line items are identified within this analysis. The comparative balance sheet, statement of fund balances, as well as the statement of revenue and expense will be considered. In addition, the MHS schedule of property, plant, and equipment will provide information as well. The MHS balance sheet at line item Total Assets has a reported value of $32,800,000. Line item Total Current Liabilities is reporting a current liability value of $5,825,000. Line item Less Current Portion of Long-Term Debt is reporting the current portion of long-term debt as $525,000 on the balance sheet. Finally, the line item Inventories of Supplies reports current year inventories of $900,000 (Baker & Baker, 2011). Table 1 below illustrates these values from the comparative balance sheet.
Table 1: MHS Balance Sheet
Line Item Description Amount Page #
Total Assets Total Assets $32,800,000 405
Total Current Liabilities Current Liabilities $5,825,000 405
Less Current Portion of Long-Term Debt Current Portion of Long-Term Debt ($525,000) 405
Inventories of Supplies Inventories $900,000 405

The statement of revenue and expense identifies income from operations as $1,700,000 and total operating revenue of $35,100,000. Interest income is reported on this form as $80,000. These values are illustrated on Table 2 below. In addition, accumulated depreciation from the MHS Schedule of Property, Plant, and Equipment is reported as $26,100,000(Baker & Baker, 2011). This is illustrated in Table 4.

Table 2: Statement of Revenue and Expense
Line Item Description Amount Page #
Income from Operations Income from Operations $$1,700,000 406
Total Operating Revenue Total Operating Revenue $35,100,000 406
Interest Income Interest Income $80,000 406

Table 3: MHS Schedule of Property, Plant and Equipment
Line Item Description Amount Page #
Less Accumulated Depreciation Accumulated Depreciation ($26,100,000) 408

The MHS balance sheet reports cash and equivalents of $1,150,000. Using the look-up table provided by Baker we can determine that investing this