Use the information in the table below for problems 715. The financial information presented below for ABC Healthcare was filed with the Department of Insurance. Current Year Previous Year Cash and Short-Term Investments $ 34,094,076 $ 11,863,992 Receivables 13,036,037 $15,112,834 Other Current Assets 3,650,374 6,306,384 Total Current Assets $ 50,780,487 $ 33,283,210 Long-Term Investments $ 134,233,202 $126,679,509 Property, Plant and Equipment 1,108,330 2,216,891 Total Assets $ 186,122,019 $162,179,610 Current Liabilities $70,301,625 $66,950,203 Other Liabilities 4,017,789 3,949,442 Net Worth 111,802,605 91,279,965 Total Liabilities and Net Worth $ 186,122,019 $162,179,610 Member Months 4,820,351 4,721,314 Premium Revenue $ 512,600,104 $ 515,079,684 Medicaid Revenue 58,969,632 63,979,870 Investment Income 8,637,915 6,640,969 Total $ 580,207,651 $585,700,523 Physician Services 157,313,074 148,868,294 Other Professional 23,733,163 21,526,611 Inpatient 110,813,471 113,989,688 Incentive Pool 1,834,583 4,677,527 Outpatient 103,981,202 97,746,260 Pharmacy 62,764,866 67,567,497 Access Fees 341,685 402,285 Reinsurance 2,321,544 1,682,121 Coordination of Benefits (434,217) (80,097) Total Medical & Hospital $ 462,669,371 $ 456,380,186 Administration 76,772,846 76,807,222 Total Expenses $ 539,442,217 $ 533,187,408 Income Before Tax 40,765,434 52,513,115 Tax 12,685,285 17,682,052 Net Income $ 28,080,149 $34,831,063 13. Calculate ABCs total Days Cash on Hand (ignore depreciation and other non-cash expenses). Does ABC have more or less cash than industry averages? 14. What is the main reason that ABCs margins declined in the current year?