Ratio analysis.The statement of operations and balance sheet for Longwood Community Hospital for the years ended 20X0 and 20X1 are shown inExhibits 4.19aand4.19b. Compute the following ratios for both years:current,acid test,days in accounts receivable,average payment period,long-term debt to net assets,net assets to total assets,total asset turnover,fixed asset turnover,operating revenue per adjusted discharge,operating expense per adjusted discharge,salary and benefit expense as a percentage of total operating expense,return on total assets, andoperating margin. After calculating the ratios, comment on Longwood's liquidity; efficient use of assets or activity ratios; revenue, expense, and profitability; and capital structure relative to its industry benchmarks for its respective bed size (listed inExhibit 4.16a). Cite at least two meaningful ratios percategory. Assume for this analysis that Longwood is a 350-bed facility and its adjusted discharges were 5,500 for 20X0 and 5,400 for 20X1.