The table below shows a summarized statement for Tenet Inc., the healthcare system with hospitals in Dallas,
Fantastic news! We've Found the answer you've been seeking!
Question:
The table below shows a summarized statement for Tenet Inc., the healthcare system with hospitals in Dallas, El Paso and other major cities in Texas. Using the data from the table
1) calculate Operating Income for each year.
2) calculate Operating Margin for each year.
3) explain the trend in terms of operating income and operating margin.
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |
Total Revenue | 19,485,000 | 17,640,000 | 18,479,000 | 18,313,000 |
Cost of Revenue | 3,328,000 | 2,982,000 | 3,057,000 | 3,004,000 |
Gross Profit | 16,157,000 | 14,658,000 | 15,422,000 | 15,309,000 |
Operating Expense | 13,748,000 | 12,518,000 | 13,743,000 | 13,692,000 |
Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
Posted Date: