BUSI 32 Calvin Community Clinic Financial Ratios Current ratio Acid test ratio Days in accts receivable Average payment period Days cash on hand 2009 2.20 0.25 45 days 43 days 15 days 2008 2.10 0.10 60 days 45 days 5 days Fixed asset tumover Total asset turnover 3.58 1.10 2.54 1.04 Operating margin Retum on total assets 0.10 0.20 Long -term debt to net assets Net assets to total asset Debt service coverage 2.18 2.10 3.50 10 Age of plant 11. Listed below are the balance sheet and statement of operations for Wynn Memorial Nursing Home for 2008 and 2009. Compute the following ratios: 1. Current Ratio 2. Acid-test Ratio 3. Days in Accounts Receivable 4. Average Payment Period 5. Long-term Debt to Net Assets Ratio 6. Total Asset Turnover Ratio 7. Fixed Asset Turnover Ratio 8. Return on Total Assets 9. Operating Margin Pay