Hospital XYZ has annual revenues of $100,000,000 and its current accounts receivable is $7,500,000. What is its
Question:
Hospital XYZ has annual revenues of $100,000,000 and its current accounts receivable is $7,500,000. What is its days in patient accounts receivable, and what does this figure mean? 5. Compute the ratios and metrics given the following information on Hospital XYZ: Current assets: $40,000,000 Total assets: $100,000,000 Current liabilities: $12,000,000 Total liabilities: $45,000,000 Annual revenue: $435,000,000 Total expenses: $425,000,000 Operating income: $10,000,000 Inventories: $5,000,000 Depreciation: $2,000,000 a. Current ratio b. Working capital c. Days of working capital d. Quick ratio e. Average pay period f. Return on assets g. Return on equity
Please provide the information on an excel spreadsheet and give detail description.
Accounting for Decision Making and Control
ISBN: 978-0078025747
8th edition
Authors: Jerold Zimmerman