Based on the information in the following income statement and balance sheet for Montego Bay Corporation,determine the cash flows from operating activities using the direct method.
Definitions:
PPOs
Preferred Provider Organizations, a type of health plan that contracts with medical providers to create a network of preferred doctors and hospitals for its members.
DRG Payment System
The Diagnosis-Related Group (DRG) payment system is a method used by Medicare and some other insurance programs to categorize hospitalization costs and determine how much to pay for a patient's hospital stay.
Fee-For-Service System
A pricing structure where services are itemized and each is charged individually.
Health Care Expenses
The costs associated with medical care, including treatments, medications, hospital stays, and other related expenses.
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