ASSETS LIABILITIES and FUND BALANCE CURRENT ASSETS CURRENT LIABILITIES Cash and Cash Equivalents $290,000 Current Maturities of Long Term Debt $32,000 Assets Whose Use is Limited - Accounts Payable & Accrued Expenses 303,000 Patients Accounts Receivable 350,000 (Net of $1,300,000 Allowance for Total Current Liabilities 335,000 Doubtful Accounts) Other Receivables - Long Term Debt 252,000 Less Current Portion of Long Term Inventories 25,000 Debt (52,000) Prepaid Insurance 5,000 Net Long Term Debt 200,000 Total Current Assets $670,000 Total Liabilities 535,000 Fund Balances Property, Plant and Equipment, Net Unrestricted Fund Balance 928,000 Land 200,000 Restricted Fund Balance - Buildings - Equipment 360,000 Total Liabilities and Fund Balances $1,463,000 560,000 Other Assets Investments 233,000 Total Assets $1,463,000

REVENUE Net Patient Service Revenue 2,500,000 Other Revenue - TOTAL OPERATING REVENUE $2,500,000 EXPENSES Medical Surgical Services 600,000 Therapy Services 860,000 Other Professional Services 80,000 Support Services 220,000 General Services 65,000 Depreciation 60,000 Interest 40,000 TOTAL EXPENSES 1,925,000 INCOME FROM OPERATIONS $575,000 NON-OPERATING GAIN (LOSS) Interest Income 5,000 NONOPERATING GAINS, NET 5,000 REVENUE AND GAINS IN EXCESS OF EXPENSES AND LOSSES $580,000 INCREASE IN UNRESTRICTED FUND BALANCE $580,000.

Using the attached financial statements, calculate the following ratios: (12 Points) 1. Calculate the Current Ratio (4) Current Assets Current Liabilities 2. Calculate the Quick Ratio. (4) Cash & cash Equivalents + Net Receivable Current Liabilities 3. Calculate Days Cash on Hand (4) Unrestricted Cash & Cash Equivalents Cash Operation Exp/No. of Days in Period (12 Points) 4. Calculate Days Receivable (4) Net Receivables Net Credit Revenue/No. of Days in Period 5. Calculate Debt Service Coverage Ratio (4) Change in Unrestricted Net Assets(Net Income) + Interest, Depreciation & Amortization Maximum Annual Debt Service 6. Calculate Liabilities to Fund Balance (Debt to Net Worth) (4) Total Liabilities Unrestricted Fund Balances