The Heart Hospital, Balance Sheet					The Heart Hospital, Statement of Operations
September 30, 2015					Year Ended September 30, 2015
Current assets:					Paient service revenue net of discounts and allowances	$66,962.00
Cash	$14,202.00				Provisions for bad debt	$2,457.00
Accounts receivable, net	$5,918.00				Net patient service revenue	$64,505.00
Medical supplies inventory	$1,211.00
Prepaid expenses and other Current assets	$1,429.00				Operating expenses
Total current assets	$22,760.00				Personnel expense	$21,707.00
Property, plant, and equipment, net	$33,769.00				Medical supplies expense	$15,047.00
Other assets	$901.00				Other operating expenses	$9,721.00
Total assets	$57,430.00				Depreciation expense	$2,625.00
					Total operating expenses	$49,100.00
Current liabilities:					Income from operations	$15,405.00
Accounts payable	$1,910.00
Accrued compensation and benefits	$2,543.00				Other income (expenses)
Other accrued liabilities	$1,843.00				Interest expense	$1,322.00
Current portion of long-term debt	$2,064.00				Interest and other income, net	$159.00
Total current liabilities	$8,360.00				Total other income (expenses), net	$1,163.00
					Net income	$14,242.00
Long-term debt	$21,640.00
Total liabilities	$30,000.00
Owners'equity	$27,430.00
Total liabilities and owners' equity	$57,430.00
Perform a Du Pont analysis on The Heart Hospital. Assume that the industry average ratios are as follows:
Total Margin	15.0%
Total asset turnover	1.5
Equity multiplier	1.67
Return of equity (ROE)	37.6%