The Heart Hospital, Statement of Operations, Year Ended September 30, 2015 (in thousands) Patient service revenue net of $66,962 discounts and allowances Provision for bad debt Net patient service revenue 2,457) $64,505 Operating expenses Personnel expense Medical supplies expense Other operating expenses Depreciation expense Total operating expenses Income from operations Other income (expenses): Interest expense Interest and other income, net Total other income (expenses), net Net income $21,707 15,047 9,721 2,625 $49,100 $15,405 1,322) 159 (S 1,163) $14,242 a. Perform a Du Pont analysis on The Heart Hospital. Assume that the industry average ratios are as follows: Total margin Total asset turnover Equity multiplier Return on equity (ROE) 15.0% 1.5 1.67 37.6% b. Calculate and interpret the following ratios for The Heart Hospital Return on assets (ROA) Current ratio Days cash on hand Average collection period Debt ratio Debt-to-equity ratio Times interest earned (TIE) ratio Fixed asset turnover ratio Industry Average 225% 2.0 85 days 20 days 40% 0.67 5.0 4