Please calculate

Days cash on hand

Return on assets -

Return on Equity

How well are they managing their cash?

Case 23: St. Benedict's Teaching Hospital 157 2009 2010 2011 2012 2013 EXHIBIT 23.1 Lafayette General: Historical Financial Statements (millions of dollars) Income Statements: Inpatient revenue $ 42.472 $ 46.014 $ 53.410 $ 58.650 $ 59.513 Outpatient revenue 28.314 30.676 35.606 39.100 39.675 Net patient service revenue $ 70.786 $ 76.690 $ 89.016 $ 97.750 $ 99.188 Nonoperating revenue 1.922 1.515 1.367 1.725 1.048 Total revenues $ 72.708 $ 78.205 $ 90.383 $ 99.475 $100.236 Patient services expenses $ 60.245 $ 73.858 $ 81.525 $ 90.645 $ 89.505 Interest expense 3.045 3.147 3.093 3.002 2.980 Depreciation 3.466 3.689 4.395 4.258 6.031 Total expenses $ 66.756 $ 80.694 89.013 $ 97.905 $ 98.516 Net income $ 5.952 ($ 2.489) $ 1.370 $ 1.570 $ 1.720 Balance Sheets: Cash and investments $ 2.388 $ 1.538 $ 0.162 $ 0.185 $ 0.198 Accounts receivable 18.860 20.581 20.821 21.570 16.732 Other current assets 4.539 8.475 4.669 2.585 2.898 Total current assets $ 25.787 $ 30.594 $ 25.652 $ 24.340 $ 19.828 Gross plant and equipment $102.596 $116.694 $122.611 $133.499 $146.130 Accumulated depreciation 27.243 30.505 34.900 39.158 45.189 Net plant and equipment $ 75.353 $ 86.189 $ 87.711 $ 94.341 $100.941 Total assets $101.140 $116.783 $113.363 $118.681 $120.769 Current liabilities Long-term debt Total liabilities Fund balance $ 9.182 $13.584 $ 5.771 $ 10.689 $ 11.431 33.572 47.302 50.325 49.155 48.781 $ 42.754 $ 60.886 $ 56.096 $ 59.844 $ 60.212 58.386 55.897 57.267 58.837 60.557 Total claims $101.140 $116.783 $113.363 $118.681 $120.769