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the question is on the thrid picture . caluclate the following metrics. pleae start at debt ratio and end at average length of stay .

the question is on the thrid picture . caluclate the following metrics.
pleae start at debt ratio and end at average length of stay . image text in transcribed
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image text in transcribed
image text in transcribed
complete chart starting at days in patient account. through average length of stay
image text in transcribed
image text in transcribed
Problem 2. Recent financial statements for Laredo Hospital and other operating data are provided below: Balance Sheet Cash and equivalents 505,509 Net patient accounts receivable 685,425 Medical supplies inventory 69,831 Prepaid expenses 84,524 Other current assets 493,179 Total current assets 1,838,468 Property, plant, and equipment 6,802,886 Accumulated Depreciation (799,440) Net property, plant, and equipment 6,003,446 TOTAL ASSETS 7,841,914 Accounts payable 557,284 Accrued expenses 275,099 Other current liabilities 535,556 Total current liabilities 1,367,939 Long-term debt 2,251,327 TOTAL LIABILITIES 3,619,266 NET ASSETS 4,222,648 TOTAL LIABILITIES AND NET ASSETS 7,841,914 Statement of Operations Patient service revenue Provision for bad debt Net patient service revenue 5,447,402 (57400) 5,390,002 Salaries and benefits Medical supplies expense Other operating expenses Depreciation expense 2,302,399 1,350,708 1.163,315 190,233 Statement of Operations Patient service revenue Provision for bad debt Net patient service revenue 5,447,402 (57400) 5,390,002 Salaries and benefits Medical supplies expense Other operating expenses Depreciation expense 2,302,399 1,350,708 1,163,315 190,293 Interest expense Total expenses Net income 121,824 5,128,539 261,463 Other Information Inpatient days Number of licensed beds Total discharges 262,800 1,200 52,560 Calculate the following metrics (complete the table): Ratio 3.334% Return on assets (ROA) Current Ratio 1.344 Industry Average Evaluation 7.0% The ROA is less than the industry average. ROA's typically tend to be more than 5% meaning the hospital is not doing well, 2.0 The current ratio of 2.0 demonstrates that the company has doubled their current assets when you compare to their liabilities. This means the company can pay off their current liabilities and the hospital has enough assets to do so. Days cash on hand 39 days 36 days The hospital is doing well in regards to the industry average. Normally a company takes 36 days to pay off expenses however Laredo Hospital takes 39 days meaning they are still in good standing Days in Patient Accounts Receivable (ACP) 46 days 60 days This ratio shows how much time an organization needs to collect the receivables. In this case it takes 60 days for the average industry ratio and Laredo Hospital takes 46 days to recover the amount. Type your debt ratio evaluation here Debt ratio 45% Fixed asset turnover ratio 2.2 Type your fixed asset turnover evaluation here Type your total margin evaluation here Total margin 6.0% Total asset turnover 1 Equity multiplier 1.7 Type your total asset turnover evaluation here Type your equity multiplier evaluation here mik United States Focus MacBook Air 30 00 D-1 9 3 % 5 6 & 7 00. 9 0 E R T Y U 0 Debt ratio 45% Type your debt ratio evaluation here Fixed asset turnover ratio 2.2 Type your fixed asset turnover evaluation here Type your total margin evaluation here Total margin 6.0% Total asset turnover 1 Type your total asset turnover evaluation here Type your equity multiplier evaluation here 1.2 Equity multiplier Return on equity (ROE) 10.2% Type your return on equity evaluation here Occupancy rate 60.0% Type your occupancy rate evaluation here Average length of stay 5 days Type your average length of stay evaluation here Problem 2 Recent financial statements for Laredo Hospital and other operating data are provided below: Balance Sheet Cash and equivalents 505,509 Net patient accounts receivable 685,425 Medical supplies inventory 69,831 Prepaid expenses 84,5241 Other current assets 493,179 Total current assets 1,838,468 Property, plant, and equipment 6,802,886 Accumulated Depreciation (799,440) Net property, plant, and equipment 16,003,446 TOTAL ASSETS 7.841,914 Accounts payable 557.284 Accrued expenses 275,099 Other current liabilities 535.556 Total current liabilities 1,367,939 Long-term debt 2,251,327 TOTAL LIABILITIES 3,619,266 NET ASSETS 14,222,648 TOTAL LIABILITIES AND NET ASSETS 17,841,914 Statement of Operations Patient service revenue 5,447,402 Provision for bad debt (57400) Net patient service revenue 5,390,002 Salaries and benefits Medical supplies expense Other operating expenses Depreciation expense Interest expense Total expenses Net income 2,302,399 1,350,708 1,163,315 190,293 121,824 5,128,539 261,463 Other Information Inpatient days 262.800 Number of licensed beds 1,200 Total discharges 52,560 Calculate the following metrics (complete the table): Return on assets (ROA) Ratio Industry Average Evaluation 7.0% Type your ROA evaluation here Current ratio 2.0 Days cash on hand Type your current ratio evaluation here Type your days cash on hand evaluation here 36 days 60 days Type your ACP evaluation here Days in Patient Accounts Receivable (ACP) Debt ratio 45% Type your debt ratio evaluation here Fixed asset turnover ratio 2.2 Type your fixed asset turnover evaluation here Type your total margin evaluation here Total margin 6.0% Total asset turnover 1 Type your total asset turnover evaluation here Type your equity multiplier evaluation here Equity multiplier 1.7 Return on equity (ROE) 10.2% Type your return on equity evaluation here Occupancy rate 60.0% Type your occupancy rate evaluation here Average length of stay 5 days Type your average length of stay evaluation here Problem 2. Recent financial statements for Laredo Hospital and other operating data are provided below: Balance Sheet Cash and equivalents 505,509 Net patient accounts receivable 685,425 Medical supplies inventory 69,831 Prepaid expenses 84,524 Other current assets 493,179 Total current assets 1,838,468 Property, plant, and equipment 6,802,886 Accumulated Depreciation (799,440) Net property, plant, and equipment 6,003,446 TOTAL ASSETS 7,841,914 Accounts payable 557,284 Accrued expenses 275,099 Other current liabilities 535,556 Total current liabilities 1,367,939 Long-term debt 2,251,327 TOTAL LIABILITIES 3,619,266 NET ASSETS 4,222,648 TOTAL LIABILITIES AND NET ASSETS 7,841,914 Statement of Operations Patient service revenue Provision for bad debt Net patient service revenue 5,447,402 (57400) 5,390,002 Salaries and benefits Medical supplies expense Other operating expenses Depreciation expense 2,302,399 1,350,708 1.163,315 190,233 Statement of Operations Patient service revenue Provision for bad debt Net patient service revenue 5,447,402 (57400) 5,390,002 Salaries and benefits Medical supplies expense Other operating expenses Depreciation expense 2,302,399 1,350,708 1,163,315 190,293 Interest expense Total expenses Net income 121,824 5,128,539 261,463 Other Information Inpatient days Number of licensed beds Total discharges 262,800 1,200 52,560 Calculate the following metrics (complete the table): Ratio 3.334% Return on assets (ROA) Current Ratio 1.344 Industry Average Evaluation 7.0% The ROA is less than the industry average. ROA's typically tend to be more than 5% meaning the hospital is not doing well, 2.0 The current ratio of 2.0 demonstrates that the company has doubled their current assets when you compare to their liabilities. This means the company can pay off their current liabilities and the hospital has enough assets to do so. Days cash on hand 39 days 36 days The hospital is doing well in regards to the industry average. Normally a company takes 36 days to pay off expenses however Laredo Hospital takes 39 days meaning they are still in good standing Days in Patient Accounts Receivable (ACP) 46 days 60 days This ratio shows how much time an organization needs to collect the receivables. In this case it takes 60 days for the average industry ratio and Laredo Hospital takes 46 days to recover the amount. Type your debt ratio evaluation here Debt ratio 45% Fixed asset turnover ratio 2.2 Type your fixed asset turnover evaluation here Type your total margin evaluation here Total margin 6.0% Total asset turnover 1 Equity multiplier 1.7 Type your total asset turnover evaluation here Type your equity multiplier evaluation here mik United States Focus MacBook Air 30 00 D-1 9 3 % 5 6 & 7 00. 9 0 E R T Y U 0 Debt ratio 45% Type your debt ratio evaluation here Fixed asset turnover ratio 2.2 Type your fixed asset turnover evaluation here Type your total margin evaluation here Total margin 6.0% Total asset turnover 1 Type your total asset turnover evaluation here Type your equity multiplier evaluation here 1.2 Equity multiplier Return on equity (ROE) 10.2% Type your return on equity evaluation here Occupancy rate 60.0% Type your occupancy rate evaluation here Average length of stay 5 days Type your average length of stay evaluation here Problem 2 Recent financial statements for Laredo Hospital and other operating data are provided below: Balance Sheet Cash and equivalents 505,509 Net patient accounts receivable 685,425 Medical supplies inventory 69,831 Prepaid expenses 84,5241 Other current assets 493,179 Total current assets 1,838,468 Property, plant, and equipment 6,802,886 Accumulated Depreciation (799,440) Net property, plant, and equipment 16,003,446 TOTAL ASSETS 7.841,914 Accounts payable 557.284 Accrued expenses 275,099 Other current liabilities 535.556 Total current liabilities 1,367,939 Long-term debt 2,251,327 TOTAL LIABILITIES 3,619,266 NET ASSETS 14,222,648 TOTAL LIABILITIES AND NET ASSETS 17,841,914 Statement of Operations Patient service revenue 5,447,402 Provision for bad debt (57400) Net patient service revenue 5,390,002 Salaries and benefits Medical supplies expense Other operating expenses Depreciation expense Interest expense Total expenses Net income 2,302,399 1,350,708 1,163,315 190,293 121,824 5,128,539 261,463 Other Information Inpatient days 262.800 Number of licensed beds 1,200 Total discharges 52,560 Calculate the following metrics (complete the table): Return on assets (ROA) Ratio Industry Average Evaluation 7.0% Type your ROA evaluation here Current ratio 2.0 Days cash on hand Type your current ratio evaluation here Type your days cash on hand evaluation here 36 days 60 days Type your ACP evaluation here Days in Patient Accounts Receivable (ACP) Debt ratio 45% Type your debt ratio evaluation here Fixed asset turnover ratio 2.2 Type your fixed asset turnover evaluation here Type your total margin evaluation here Total margin 6.0% Total asset turnover 1 Type your total asset turnover evaluation here Type your equity multiplier evaluation here Equity multiplier 1.7 Return on equity (ROE) 10.2% Type your return on equity evaluation here Occupancy rate 60.0% Type your occupancy rate evaluation here Average length of stay 5 days Type your average length of stay evaluation here

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