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When reporting to Marion General Hospital's Trustee Board Finance Committee about MGH's 2020 year-end Profitability status utilizing the financial data below, 1) what would you

When reporting to Marion General Hospital's Trustee Board Finance Committee about MGH's 2020 year-end Profitability status utilizing the financial data below, 1) what would you conclude about the hospital's profitability, and 2) how would you justify your conclusion? (justify the conclusion by using the data, e.g., "MGH is effectively using its Assets as evidenced by a Return on Assets (ROA) ratio of 1.14% which is 3.66 points above the peer-group average")

FINANCIAL DATA Operating income = 290,680 Non-operating income = 4,527,614 Total net income = 4,818,294 Operating revenue = 190,411,680 Non-operating revenue = 7,109,587 Total revenue = 197,521,267 Total margin = 2.44% Peer-group average = 5.0% Operating margin = 0.15% Peer-group average = 3.5%

Total assets = 421,263,413 ROA = 1.14% Peer-group average = 4.8%

Total equity = 299,291,339 ROE = 1.60% Peer-group average = 8.4%

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