Question
Using the information below, determine the operating margin for WTX Hospital: Net patient service revenue: $425,000 Other operating revenue: $28,000 Non-operating revenue: $15,500 Total expenses:
Using the information below, determine the operating margin for WTX Hospital:
Net patient service revenue: $425,000
Other operating revenue: $28,000
Non-operating revenue: $15,500
Total expenses: $375,000
Net income: $93,500
- A.20.6%
- B.20.7%
- C.17.2%
- D.14.6%
- E.22.0%
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
