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Need some assistance in this Thank you 1. Financial Ratio Analysis Using the data from the aftached financial statements for West Texas Regional Hospital (WTRH)
Need some assistance in this
1. Financial Ratio Analysis Using the data from the aftached financial statements for West Texas Regional Hospital (WTRH) calculate the folowing ratios, then, interpret and briefly explain a trend analysis (compare current prior year) and a comparative analysis (compare to industry averages) for each ratio. Be sure to show how you obtained your calculations. RATIOS Total Margin Oparating Margin Retun on Assets (ROA) Retum on Equty (ROE) WTRH 2016 WTRH 2015 !ndustry Awerages 5.3 8.3 2.0 31.5 41.8 4.0 urrent Ratio Days Cash on Hand Oebt Rato Times Intorest Eamod Fixed Asset Turnover Total Asset Turnover Days in Patient AR vetage Age of Plant 0.98 9.1 2. Operating Indicator Analysis Using the folowing data, calculate the folowing ratios for West Texas Regional Hospital (WTRH) then, interpre and brieftly explain a comparative analysis of each ratio. DATA $43,150,750 $79,825 Net inpatient revenue Nat outpabient revenue Net patient service reeue npatient operating expenses Total salaries $122 975.750 $37.975,000 $38.250 41,500 Inpatient days icensed and stared beds Average daily censu Tntal FTFs FTES RATIOS WTRH 2016 Indusby Averae $785 $5,750 per Discharge Net Price par Discharg Outpatient Revenue % 49.2% Average Length of Stay Inpatent FTEs per Occupied Bed Salary per FTE 5.6 $32.987 Thank you
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