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Need help asap with the attached document below. Use the information in the table below for problems 33 to 41. The financial information presented below

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Need help asap with the attached document below.

Use the information in the table below for problems 33 to 41. The financial information presented below for ABC Healthcare was filed with the Department of Insurance.

Current YearPrevious Year

Cash and Short-Term Investments$34,094,076$11,863,992

Receivables13,036,03715,112,834

Other Current Assets3,650,3746,306,384

Total Current Assets$50,780,487$33,283,210

Long-Term Investments$134,233,202$126,679,509

Property, Plant and Equipment1,108,3302,216,891

Total Assets$186,122,019$162,179,610

Current Liabilities$70,301,625$66,950,203

Other Liabilities4,017,7893,949,442

Net Worth111,802,60591,279,965

Total Liabilities and Net Worth$186,122,019$162,179,610

Member Months4,820,3514,721,314

Premium Revenue$512,600,104$515,079,684

Medicaid Revenue58,969,63263,979,870

Investment Income8,637,9156,640,969

Total$580,207,651$585,700,523

Physician Services157,313,074148,868,294

Other Professional23,733,16321,526,611

Inpatient110,813,471113,989,688

Incentive Pool1,834,5834,677,527

Outpatient103,981,20297,746,260

Pharmacy62,764,86667,567,497

Access Fees341,685402,285

Reinsurance2,321,5441,682,121

Coordination of Benefits(434,217)(80,097)

Total Medical & Hospital$462,669,371$456,380,186

Administration76,772,84676,807,222

Total Expenses$539,442,217$533,187,408

Income Before Tax40,765,43452,513,115

? Tax12,685,28517,682,052

Net Income$28,080,149$34,831,063

1.Information in the insurance filing shows that 101,909 hospital patient days of care were provided to members in the current year. How many patient days per 1,000 members were provided?

2.What was the average subscriber revenue realized Per Member Per Month (PMPM) in both the current year and the previous year?

3.Why did investment income increase in the current year?

4.What was the average yield on cash and investments during the current year?

5.Net Worth increased by $20,522,640 during the current year, but Net Income was $28,080,149. What might have accounted for this difference?

6.Is ABC Healthcare more or less debt-financed than the average for health plans (refer to the textbook chapter for industry averages)?

7.Calculate ABC?s total Days Cash on Hand (ignore depreciation and other non-cash expenses). Does ABC have more or less cash than industry averages?

8.What is the main reason that ABC?s margins declined in the current year?

9.Physician service expense PMPM increased by what dollar amount in the current year?

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