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5) Return on Total Assets Case Study #1 Solve and Discuss 3) Memorial Healthcare System has indirect costs of $1,050,000. Allocate the indirect costs to
5) Return on Total Assets Case Study #1 Solve and Discuss 3) Memorial Healthcare System has indirect costs of $1,050,000. Allocate the indirect costs to each of the following hospital department first based on square footage and then based on total FTES. 1) Given below is a list of account balances for Memorial Healthcare System as of April 30, 18 and 2017. Prepare a Balance Sheet and Statement of Operations as of April 30, 2018 in proper form. O 25 $ $ 20 in thousands Accounts Property, Plant, and Equipment Accounts Payable Other Assets Long Term Debt Accounts Receivable, Net Cash and Investments Other Non-Current Liabilities Accumulated Depreciation Patient Revenue Salaries and Wages Supplies Expense Other Operating Expenses Oher Operating Revenues Department Radiology Laboratory Operating Room Emergency Department Intensive Care Unit All Other Departments Totals 35 70 Fiscal Year 2018 Square Footage FTES 20,000 $ 15,000 $ 25,000 $ 50,000 $ 30,000 $ 100,000 $ 240,000 $ 40 Fiscal Years 2018 2017 1,551,174 $ 1,465,030 330,972 $ 315,870 527,399 $ 317,874 765,559 $ 602,664 241,175 $ 240,272 1,834,888 $ 1,746,513 289,928 $ 234,428 750,000 $ 734,000 1,853,614 $ 1,806,556 1,530,196 $ 1,446,314 90,012 $ 85,077 180,023 $ 170,155 83,977 $ 90,518 $ $ $ $ $ $ $ 150 340 $ 2) Once you have completed the Balance Sheet and Statement of Operations for Memorial Healthcare System, compute the following financial ratios as of April 30, 2018. 1) Operating Margin= Operating income/ revenue = 2) Days in Accounts Receivable 3) Debt Ratio 4) Days of Cash on Hand words DK C Focus 3
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