Question: Ratio Analysis It is important to understand that when interpreting financial statements, the numbers alone may not provide the whole financial picture of an organization.

Ratio Analysis It is important to understand that when interpreting financial statements, the numbers alone may not provide the whole financial picture of an organization. Instead, you must analyze the statements using ratios, which are then compared to benchmarks across the healthcare industry. For this Assignment, you examine the financial documents for South Shore Community Hospital and analyze the organizations financial health. South Shore Community Hospital South Shore Community Hospital is a small community hospital serving a rural population. The adjusted discharges are 3.30 for the 1 st year and 3.10 for the 2 nd . North Shore Community Hospital Statement of Operations (in thousands) for the Years Ended December 31,2022 and 202320222023 Revenues Net patient service revenue $23,000 $22,500 Net assets released from restriction 1,000800 Total operating revenues 24,00023,300 Expenses Salaries and benefits 10,5009,000 Supplies and other expenses 7,0005,000 Depreciation 3,5002,500 General services 300520 Total operating expenses 21,30017,020 Operating income 4,5201,200 Non-operating income 3,5002,200 Excess of revenues over expenses 8,0203,400 Increase (decrease) in net assets $8,020 $3,400 South Shore Community Hospital Balance Sheet (in thousands) for the Years Ended December 31,2022 and 202320222023 Current assets Cash and cash equivalents $1,100 $800 Net patient receivables 4,2003,500 Inventory 1,2001,100 Total current assets 6,5005,400 Non-current assets Plant, property, and equipment Gross plant, property, and equipment 35,00032,000(less accumulated depreciation)(18,000)(17,000) Net plant, property, and equipment 17,00015,000 Board-designated funds 19,00010,000 Total assets 42,50030,400 Current liabilities Accounts payable 3,5003,400 Accrued expenses 850900 Total current liabilities 4,3504,300 Long-term liabilities Bonds payable 6,5006,550 Total long-term liabilities 6,5006,550 Net assets 31,65019,550 Total liabilities and net assets $42,500 $30,400.
Complete the Assignment using the ratio analysis as under
A
B
D
E
F
G
(in '000)

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