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Problom13 You are examining Salem Inc. which is a Healthcare Organization. You have examined the 2017 annual report of the organization. Here is the following
Problom13 You are examining Salem Inc. which is a Healthcare Organization. You have examined the 2017 annual report of the organization. Here is the following financial Information you have in front of you. Patient Revenue $10,000,000 $5,000 Interest Expense Net Fixed Assets Current Assets $5,000,000 $800,000 Current Liabilities $300,000 $100,000 Net Accounts Receivable Accumulated Depreciation EBIT $90,000 $25,000 Total Debt $2,000,000 Net Income (revenues-expenses) $200,000 Total Equity $3,000,000 Depreciation Expense $20,000 Based upon this information calculate (5 points for each ratio - 35 total points) A) Current Ratio B) Times Interest Earned Ratio C) Fixed Asset Turnover D) Debt to Equity Ratio E) Total Margin Ratio F) Return on Net Assets Ratio G) Average Age of Plant
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