Question
Hospital XYZ has annual revenues of $100,000,000 and its current accounts receivable is $7,500,000. What is its days in patient accounts receivable, and what does
Hospital XYZ has annual revenues of $100,000,000 and its current accounts receivable is $7,500,000. What is its days in patient accounts receivable, and what does this figure mean? 5. Compute the ratios and metrics given the following information on Hospital XYZ: Current assets: $40,000,000 Total assets: $100,000,000 Current liabilities: $12,000,000 Total liabilities: $45,000,000 Annual revenue: $435,000,000 Total expenses: $425,000,000 Operating income: $10,000,000 Inventories: $5,000,000 Depreciation: $2,000,000 a. Current ratio b. Working capital c. Days of working capital d. Quick ratio e. Average pay period f. Return on assets g. Return on equity
Please provide the information on an excel spreadsheet and give detail description.
Step by Step Solution
3.59 Rating (163 Votes )
There are 3 Steps involved in it
Step: 1
Days in account receivables Accounts receivables 7500000 No of days 365 Revenue 100000000 27375 XYZ ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started