Question
following is the organizations financial statements.Calculate the ROA, ROE, and Current Ratio. Based on this information. What does this tell you about the organization financials
following is the organizations financial statements.Calculate the ROA, ROE, and Current Ratio. Based on this information. What does this tell you about the organization financials and how they are using their assets and equity? Use this format.
ROA
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ROE
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Current Ratio
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Income Statement
Revenue
Patients Care$26,500,000
Governmental Contract Income$12,500,000
Total Revenues$39,000,000
Expenses
Employee Salaries$14,300,000
Employee Benefits$ 5,420,000
Rent Expenses$130,000
Utilities $65,000
Equipment $160,000
Maintenance and Repair$85,000
Supplies$1,500,000
Taxes$4,400,000
Total expenses$26,060,000
Net Income$12,940,000
Balance Sheet
Assets
Current Assets
Cash$ 3,900,000
Accounts Receivable$ 1,100,000
Inventory$ 1,500,000
Investments$ 3.100,000
Total Current Assets $ 9,600,000
Property and Equipment
Equipment$ 1,900,000
Total Assets$ 11,500,000
Current Liabilities and Stockholder Equity
Current Liabilities
Accounts Payable$ 2,000,000
Notes Payable$ 1,200,000
Accrued Expenses$ 1,300,000
Long Term-Debt$ 2,000,000
Total Current Liabilities $ 6,500,000
Stockholder's Equity
Common Stock$ 1,650,000
Treasury Stock$ 3,350,000
Total Stockholder's Equity$ 5,000,000
Total Liabilities and Stockholder's $11,500,000
Equity
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