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Calculate the following ratios and explain what your results mean: (25 points/ 5 each) 1. Debt ratio: Total debt $50,000, Total assets $250,000 2. Debt
Calculate the following ratios and explain what your results mean: (25 points/ 5 each) 1. Debt ratio: Total debt $50,000, Total assets $250,000 2. Debt to capital ratio: long term debt $50,000, equity $150,000.00 3. Fixed asset turnover, total revenue $500,000, Net fixed assets $600,000 4. Total asset turnover: Total revenue $650,000, Total assets $710,000 5. Days in patient receivable: Net patient accounts receivable $30,000, Net patient service revenue $150,000 (assume 365 days)
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