Instructions: Using the Income Statement and Balance Sheet below, calculate each of the ratlos below in the 2 yellow cell. Use formulas to show your work 6 INCOME STATEMENT-WEST TEXAS REGIONAL HOSPITAL RATIOS 2017 $164,500 WTRH 2017 PROFITABILITY Total Margin 8 Patient service revenue 9 Less: Provision for bad debts 10 Net patient service revenue 11 Premium revenue 12 Other revenue 13 Total operating revenue 10,500 $154,000 7,250 $166,100 Operating Margin 15 Nursing services 16 Dietary services 17 General services 18 Administrative services 19 Employee health and welfare 20 MMalpractice insurance 21 Deprediation 22 Interest experse 23 Total expenses 24 Operating income 25 Nonoperating income 26 Net income 7,825 27,950 ROA (eturn on assets) 22,125 12,500 9,750 9750 ROE (return on equlty) UQUNDITY RATIOS Current Ratio 28 BALANCE SHEET-WEST TEXAS REGIONAL HOSPITAL 30 Cash and equivalents 31 Shortterm investments 32 Net patient accts receivable 33 Inventories 34 Total current assets S Gross plant and equipment 6 Accumulated deprediation 37 Net plant and equipment 38 Tocal Assets $5,820 Days Cash on Hand $48,870 Debt Ratio 75 Times Interest Earned 4O Accounts payable 41 Accrued epperdes 42 Notes payable 43 Total current liabilities 44 Lorg-term debt 4S Capital lease obligations 46 Total long-term liablities 47 Net assets (equity) 48 Total liabilities & equity $9,375 ASSET MANAGEMENT RATIOS $33,125 Fixed Asset Turnover Total Asset Turnover Days in Patient AR Average Age of Plant 5.1 5.2