Calculate: (5 Points each)

Return on Assets

Current ratio Industry Average

Days cash on hand

Average Collection Period

Debt ratio

Debt to-Equity ratio

Times Interest Earned (TIE) ratio

Fixed Asset Turnover ratio

Based on the industry ratios below,please select any four (4) ratios(your choice) from #9 and interpret Aquidneck SNFs performance. One or two sentences will suffice for each one.

Industry Average

Return on Assets (ROA) 7.8%

Current ratio 1.21

Days cash on hand 38 days

Average collection period 8 days

Debt ratio 67%

Debt-to-Equity ratio 2.3

Times Interest Earned ratio 2.91

Fixed Asset Turnover ratio 5.02

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