Question 17.7b only

ese iatios are discussed ratios are in the supplement to this Hint: These chapter) chapte n dustry average ratios given in problems 17A and Fxaine lain why the ratios are different between the managed Examine the industr 175. Explain wh e and nursing home industries. care and r financial statements for The Heart Hospital are provided 17.7 Recent financial st below: The Heart Hospital, Balance Sheet, September 30, 2015 (in thousands) Current assets: Cash Accounts receivable, net Medical supplies inventory Prepaid expenses and other current $14,202 5,918 1,211 assets Total current assets Property, plant, and equipment, net Other assets Total assets Current liabilities: Accounts payable Accrued compensation and benefits Other accrued liabilities 1,429 $22,760 $33,769 901 $57,430 $ 1,910 2,543 1,843 Current portion of long-term debt2,064 S 8,360 21,640 $30,000 Total current liabilities Long-term debt Total liabilities Owners' equity Total liabilities and owners' equity $27,430 $57,430