Question
REVENUES AND EXPENSES 20x9 Revenues Inpatient revenue $73,000 Outpatient revenue 72,000 Total Patient Revenue $145,000 Other operating income 48,300 Total Revenue $96,700 Expenses Salaries and
REVENUES AND EXPENSES | 20x9 |
Revenues | |
Inpatient revenue | $73,000 |
Outpatient revenue | 72,000 |
Total Patient Revenue | $145,000 |
Other operating income | 48,300 |
Total Revenue | $96,700 |
Expenses | |
Salaries and benefits | $44,000 |
Patient care supplies | 15,500 |
Professional fees | 3,600 |
Depreciation | 11,000 |
Interest expenses | 7,400 |
Other expenses | 8,800 |
Total Expenses | $90,300 |
Net margin | $6,400 |
They have a long-term debt of $70,000 ($50,000 in their mortgage and the remaining $20,000 in equipment). They have assets totaling $100,000, minus the $70,000 in liabilities that gives them $30,000 in stockholders' equity.to. Calculate the long-term debt
A- to capitalization ratio for the year 20x8. Shows the computations of how you arrived at the result, otherwise you will not receive the score complete. 3 points.
b. Calculate the long-term debt-to-capitalization ratio for the year 20x9. Shows the computations of how you arrived at the result, otherwise you will not receive the score complete. 3 points.
c. Compare the result of both years and explain its meaning. To what do you attribute the difference? 3 points.
d. If the median in the hospital industry for the year 20x9 is .5%, how Compare with the results of parts a and b? Give some possible reasons for this result. 3 points.
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