Question
Exhibits 4.27a and 4.27b show the statement of operations and balance sheet for the 310-bedWakeland Community Hospital for 20X0 and 20X1. Adjusted discharges for 20X0
Exhibits 4.27a and 4.27b show the statement of operations and balance sheet for the 310-bedWakeland Community Hospital for 20X0 and 20X1. Adjusted discharges for 20X0 and 20X1 are 25,000 and 26,000, respectively. a- Perform a horizontal analysis on both statements.b- Perform a vertical analysis on both statements relative to 20X0.c- Compute all the selected ratios listed in Exhibit 4.16a, and compare them with the industry benchmarks.Using these financial performance measures, evaluate the financial state of Wakeland Community. The debt principal payments each yearare $5.5 million, whereas adjusted discharges, as mentioned, are 25,000 in 20X0 and 26,000 in 20X1.
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