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Horizontal, vertical, and ratio analyses. Exhibits 4 . 2 9 a and 4 . 2 9 b show the statement of operations and balance sheet
Horizontal, vertical, and ratio analyses. Exhibits a and b show the statement of operations and balance sheet for Resort Hospital for X and
Xo The debt principal payment each year for Resort is $ and its adjusted discharges are for Xo and for
a Perform horizontal and vertical analyses using the statement of operations.
b Perform horizontal and vertical analyses using the balance sheet.
c Compute all the selected ratios listed in Exhibit a
Evaluate the financial state of Resort Hospital, a bed facility, using all of the above measures. Make the basis for the vertical analysis the year Xo
EXHIBIT b BALANCE SHEET FOR ISLAND REGIONAL MEDICAL CENTER
EXHIBIT a STATEMENT OF OPERATIONS FOR RESORT HOSPITAL
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