Question:

Pick two ratios from statements below to analyze- briefly explain what they mean, how you calculated them and how they compare to the industry! (see images)

Shands Teaching Hospital and Clinics, Inc. and Subsidiaries Consolidated Balance Sheets Shands Teaching Hospital and Clinics, Inc. and Subsidiaries Consolidated Statements of Operations and Changes in Net Assets Years Ended June 30, 2009 and 2008 une 30,2009 and 2008 in thousands of dollars) in thousands of dolars) 2009 2008 2009 2008 Assets Current assets Unrestricted revenues and other support Net patient service revenue $ 1,536,324 $ 1410,950 64,046 42.438 Cash and cash equivalents $ 213,941 229,765 67.039 33,416 18.473 Investment income Patient accounts receivable, less allowance for uncollectible accounts of $97,962 in 2009 and $75.588 in 2008 Assets limited as to use, current portion Prepaid expenses and other current assets 168,450 50,712 188.803 39,234 Total unrestricted revenues and other support 714,196 659,337 14,836 76,773 Salaries, wages and benefits Supplies and other 708 220 664,091 15,749 77,020 Total curront assets 657016 674,860 234,034 849.193 3982858.472 816,559 Assets limited as to use, less current portion Property and equipment, net Other assets 81,023 904,574 Provision for bad debts Total assets 1,882.441 Total expenses 74,384 Liabilities and Net Assets Current liabilities 96.808 1,205 Nonoperating gains (lossos), net Expenditures in support of the University of Florida and (76) (39,309) (1.273) Accounts payable and accrued expenses $ 194.210 20,773 833 185.888 Long-torm debt, current portion 124) ts medical programs Losses, reclassifications, and change in fair value Capital lease obligatons, current portion Estimated third-party payor settiements Total current liabities 146 (16.913) 27.247 of derivative instruments 270,779 Gains (losses) from early extinguishment of long-term debt, net mpairment and restructuring charges 5,625) 608 240 7.580 Long-term dobt, less current portion 6,725 235,09113 895 Capital lease obligations, less current portion Other liabilities Deficiency) excess of revenues over expenses Total liabilites Net assets 560,266 740,937 10.911 emporanily restricted Permanently restricted Total net assets Total liabilities and net assets $ 1,682.441 S 1,816.559 The accompanying notes are an integral part of these consolidated financial statements. The accompanying notes are an integral part of these consolidated financial statements