Hello Chegg Community:

I am trying to complete my Capstone project on Yale New Haven Hospital and figuring out the operating ratios for the organization. I am having a difficult time figuring out some of the numbers such as inventory turnover ratio as I am not sure which numbers to use from the financial statement. I know the formula is the cost of goods sold/total inventory. But as I mentioned, on the statement of operations, there is no "cost of goods sold" section. Would I just use total operating revenue/supplies and others to get the inventory turnover ratio. Any help would be appreciated. Im not sure if it will be accessible, but I have attached the 2020 annual report for this organization. Thankyou in advance for any help.

file:///C:/Users/Arun/Downloads/YNHH_Annual_Report_2020%20(4).pdf