Listed below are the balance sheet and statement of operations for Wynn Memorial Nursing Home for 2008 and 2009.

1. Compute Wynn Memorial Nursing Homes total asset turnover ratio.
2. Compute Wynn Memorial Nursing Homes fixed asset turnover ratio.
3. Compute Wynn Memorial Nursing Homes return on total assets.
4. Comment on Wynn Memorial's Liquidity, Efficiency in usage of assets, profitability, and capital structure. Cite at least one meaningful ratio for each measure to support your observations.

Wynn Memorial Nursing Home Balance Sheet (in 000) For the Years Ending December 31, 2009 and 2008 Wynn Memorial Nursing Home Statement of Operations (in 000) For the Years Ended December 31, 2009 and 2008 2009 2008 2009 2008 Current Assets: Cash and Cash Equivalents Net Patient Receivables Prepaid Expenses Total Current Assets $30 295 80 405 $50 235 80 365 Revenues: Net Patient Service Revenue Other Revenue Total Revenues $1,400 200 1,600 $1,200 200 1,400 350 Plant, Property, & Equipment Gross Plant, Property, & Equipmel (less Accumulated Depreciation) Net Plant, Property, & Equipment Expenses: Nursing Services Administrative Services Depreciation General Services Total Expenses 300 (50) 250 (70) 280 1,320 110 20 50 1,500 1,150 100 15 35 1,300 Construction in Progress 203 0 Operating Income Excess of Revenues over Expenses 100 100 100 100 Total Assets $888 $615 Current Liabilities: Accounts Payable Salaries Payable Total Current Liabilities $220 75 295 $190 50 240 Long-Term Liabilities: Bonds Payable Total Long-Term Liabilities 100 100 20 20 Net Assets 493 355