Question: please show your work to find the answer based on the follwing information: 1- What is Megatropolis Hospital's days cash on hand? 2- What is
please show your work to find the answer based on the follwing information:
1- What is Megatropolis Hospital's days cash on hand?
2- What is Megatropolis Hospital's days in accounts receivable?
3- What is Megatropolis Hospital's long-term debt to net assets ratio?
4- What is Megatropolis Hospital's operating margin?
Megatropolis Hospital Statement of Operations For the Year Ended December 31,2010 Megatropolis Hospital Balance Sheet As of December 31, 2010 (2009 omitted) Revenues, Gains, Other Support Net patient service revenue Other revenue Assets Current Assets Cash and cash equivalents Net patient receivables S 1,500,000 50,000 Total Revenue 1,700,000 Total Current Assets 400,000 Erpenses Nursing Services Administrative Services Depreciation Other Expenses 1,200,000 200,000 100,000 50.000 Properties and Equipment Gross properties and equipment $ Less accummulated depreciation 900,000 475.000 Net Properties and Equipment Total Expenses Total Assets Operating Income Investment Income Excess ofrevenues over expenses Increase in Unrestricted Net Assets S 150,000 50000 200,000 Liabilities and Net Assets Current Liabilities Accounts Payable Salaries Payable 200,000 50,000 250,000 Total Current Liabilities Notes Payable 200,000 Unrestricted Net Assets 375.000 Total Liabilities and Net Assets $
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