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statement of operations for Dogwood Community Hospital for the years ended 20X0

ID: 2366247 • Letter: S

Question

statement of operations for Dogwood Community Hospital for the years ended 20X0 and 20X1 are shown in Exhibit 4-19a and 4-19b. Compute the following ratios for both years: Current, acid test, days in accounts receivable, average payment period, long-term debt to net assets, net assets to total assets, total asset turnover, fixed asset turnover, operating per adjusted discharged, operating expense per adjusted discharge, salary and benefits as a percentage of total operating expense, return on total assets, and operating margin. After calculating the ratios, comment on Dogwood

Explanation / Answer

books.google.co.in/books?isbn=1405141972 http://www.scribd.com/doc/26445020/Financial-Management-of-Health-Care-Organizations-An-Introduction-to-Fundamental-Tools-Concepts-and-Applications