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Please show work: 1. What is Southeastern Memorial Hospitals operating margin? 2. What is Southeastern Memorial Hospitals days in accounts receivable? 3. What is Southeastern
Please show work:
1. What is Southeastern Memorial Hospitals operating margin?
2. What is Southeastern Memorial Hospitals days in accounts receivable?
3. What is Southeastern Memorial Hospitals long-term debt to net assets ratio?
4. What is Southeastern Memorial Hospitals age of plant? 5. What is Southeastern Memorial Hospitals fixed asset turnover ratio?
6. What is Southeastern Memorial Hospitals days cash on hand?
Southeastern Memorial Hospital Southeastern Memorial Hospital Balance Sheet As of December 31, 2010 (2009 omitted) Statement of Operations For the Year Ended December 31, 2010 Revenues, Gains, Other Support Net patient service revenue Other revenue 1,500.000 200,000 1,700,000 Assets Current Assets Cash and cash equivalents Net patient receivables 50,000 Total Revenue Total Current Assets 400,000 Expenses Nursing Services Administrative Services Depreciation Other Expenses 1,200,000 200,000 100,000 Properties and Equipment Gross properties and equipment S Less accumulated depreciation 900,000 475,000 425,000 Net Properties and Equipment Total Expenses Total Assets 825,.000 150,000 Operating Income Investment Income Excess of revenues over expenses Increase in Unrestricted Net Assets S Liabilities and Net Assets Current Liabilities Accounts Payable Salaries Payable 200,000 250,000 200,000 375,000 825,000 200,000 Total Current Liabilities 200,000 Notes Payable Unrestricted Net Assets Total Liabilities and Net Assets SStep by Step Solution
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