Question: True or False? Sample Hospital's Benchmark Data Report appears in the Metropolis Health System's appendix, whose title begins with Comparative Analysis Using Financial Ratios and
True or False? Sample Hospital's "Benchmark Data Report" appears in the Metropolis Health System's appendix, whose title begins with "Comparative Analysis Using Financial Ratios and Benchmarking. . . ." The benchmark data report contains various ratios, one of which is the Return on Total Assets. Accordingly, Sample Hospital's Return on Total Assets for Year 1 amounted to 2.37%, while the first quarter of its Year 2 amounted to 3.58%. The result for the first quarter of Year 2 is better than the result reported for Year 1.
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