Hospital Financial Statements
Financial Statements
Income Statements				Pima Medical Center
		2019	2020	2021	2021
	Revenues	$51,336	$51,533	58,752	11,789
	Salaries and Benefits	23,560	23,874	26,779	5,411
	Supplies Expense	8,481	8,369	9,481	1,963
	Other Operating Expenses	9,481	9,307	9,961	2,857
	Depreciation/Amortization	2,596	2,721	2,853	458
	Interest Expense	1,824	1,584	1,566	1,031
	Total Operating Expenses	45,942	45,855	50,640	11,720
	Operating Income	5,394	5,678	8,112	69
	Income Taxes	1,099	1,043	2,112	14
	Net Income	4,295	4,635	6,000	55
Note: Amounts in 1,000s of dollars
Balance Sheets
		2019	2020	2021	2021
	Assets
	Cash	621	1,793	1,451	1,676
	Short-Term Investments	147	116	103	-
	Accounts Receivables, Net	7,333	7,159	8,095	1,927
	Supplies Inventory	1,849	2,025	1,986	335
	Other Current Assets	1,190	1,340	1,896	519
	Total Current Assets	11,140	12,433	13,531	4,457
	Net Property, Plant & Equipment	24,549	25,223	26,176	5,322
	Long-Term Note Receivable	37	31	44	59
	Intangible Assets	8,269	8,578	9,540	4,219
	Total Assets	43,995	46,265	49,291	14,057
	Liabilities & Shareholders' Equity
	Accounts Payable	2,357	2,581	2,842	383
	Short Term Debt	145	209	237	980
	Current Portion of Long Term Debt	4,905	5,535	6,111	533
	Other Current Liabilities	2,303	2,267	2,461	150
	Accrued Payroll	2,054	2,314	2,381	637
	Total Current Liabilities	11,764	12,906	14,032	2,683
	Long-Term Debt	23,107	20,301	23,765	11,033
	Total Liabilities	34,871	33,207	37,797	13,716
	Total Shareholders' Equity
		9,124	13,058	11,494	341
	Liabilities & Shareholders' Equity	43,995	46,265	49,291	14,057

Question 1: Identify the financial statement(s) needed to find each number
		Financial Statement(s) Needed
	Ratio Name	Select from drop-down list
1	Return on Assets		Try Again
2	Debt Ratio		Try Again
3	Profit Margin		Try Again
4	Current Ratio		Try Again
5	Acid Test Ratio		Try Again
6	Inventory Turnover		Try Again
7	Days Payable		Try Again
8	Days AR		Try Again
9	AR Turnover		Try Again
10	Times Interest Earned		Try Again
11	Debt to Equity Ratio		Try Again
12	Cash Conversion Cycle		Try Again
13	Operating Margin		Try Again
14	Days in Inventory		Try Again
15	Days Cash on Hand		Try Again