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Bayside Memorial Hospital's financial statements follow: INCOME STATMENT 2 0 1 8 2 0 1 7 Revenues: Patient service revenue $ 1 0 6 ,

Bayside Memorial Hospital's financial statements follow:
INCOME STATMENT 20182017
Revenues:
Patient service revenue $106,502 $95,398
Less: provision for bad debts 4,3283,469
Net patient service $102,174 $91,929
Premium revenue 5,2324,622
Other revenue 3,6446,014
Total operating revenues $111,050 $102,565
Expenses:
Nursing services $58,285 $56,752
Dietary services 5,4244,718
General services 13,19811,655
Administrative services 11,42711,585
Employee health and welfare 10,25010,705
Malpractice insurance 1,3201,204
Depreciation 4,1304,025
Interest expense 1,5421,521
Total expenses $105,576 $102,165
Operating income $5,474 $400
Nonoperating income 2,0981,995
Net income $7,572 $2,395
BALANCE SHEET 20182017
Cash and equivalents $3,263 $3,095
Short-term investments 4,0002,000
Net patient accounts recevable 23,84022,738
Inventories 3,1772,982
Total current assets $34,280 $30,815
Gross property and equipment $145,158 $140,865
Accumulated depreciation 25,16021,030
Net property and equipment $119,998 $119,835
Total Assets $154,278 $150,650
Accounts payable $4,707 $5,145
Accrued expenses 5,6505,421
Notes payable 2,9756,237
Total current liabilities $13,332 $16,803
Long-term debt $28,75030,900
Finance lease obligations 1,8322,155
Total long-term liabilities $30,582 $33,055
Net assets (equity) $110,364 $100,792
Total liabilities and net assets $154,278 $150,650
1. calculate Bayside's 2018 debt ratio
2. calculate Bayside's 2018 CFC ratio. Bayside's debt principle repayment in 2018 was $2,000, and its lease payment due was $1,368.
3. calculate Bayside's 2018 fixed asset turnover.
4. calculate Bayside's 2018 total asset turnover ratio.
5. calculate Bayside's 2018 days in patient accounts receivable.
6. calculate Bayside's 2018 average age of plant.

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