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What are the total expenses for 2012

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Reference no: EM13551427

Loma Linda Hospital reported net income for 2012 of $2.4 million on total revenues of $30 million. Depreciation expense totaled $1 million.

a) What are the total expenses for 2012?

b) What were total cash expenses for 2012? (Hint: Assume that all expenses, except depreciation, were cash expenses)

c) What was the hospital's 2012 cash flow?

Reference no: EM13551427

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