Analyze Statement of operations and balance sheet for Newport Hospital, Exhibit 4-1 of Chapter 4 of your textbook,and respond to the following:

• Is Newport Hospital profitable? Why or why not?
• How effective is this organization in collecting receivables?
• Are they in a good position to pay their bills?
• How efficiently is the organization using its assets?
• Are the organization's plant and equipment in need of replacement?
• Is the organization in a good position to take on additional debt?

Use at least two scholarly resources