Using the financial statement for Bobcat Hospital (in Chapter 3; pg. 65) calculate the following ratios for 2020 and indicate whether they are better or worse than the 2019 ratios covered on page 77:

Current ratio

Collection period ratio

Days cash on hand, all sources, ratio

Days cash on hand, short-term sources, ratio

Average payment period ratio

Operating margin ratio

Total margin ratio

Return on net assets ratio

Total asset turnover ratio

Average age of plant ratio

Fixed asset turnover ratio

Current asset turnover ratio

Inventory turnover ratio

Net asset financing ratio

Long-term debt to capitalization ratio

Debt service coverage ratio

Cash flow to debt ratio

56 Introduction to the Financlat Management of Heattheare Greanlastofs Exhinr 3,1 Bobcat He Balance She of Decembr 2020 and (in thoust Chapter 3ifinanclal Analysis and Management Reporting 59 3.2 Hospit ent of ions usand ghh nber and 2 revenue include amounts deducted from total charges to account for explicit price concessions, implicit price concessions, charges for charity care if not already deducted, and premium revenue so that premium revenue can be shown as a separate line item. GAAP does not require reporting of gross patient services revenue on the statement of operations, and thus it is not shown in the Bobcat Hospital example. Net patient services revenue is money generated by providing patient care minus the Chapter Ji Financial Analysis and Manneement Reporting 63 Cash flow from operatina nm.s. 3.3 Hespital ent of dows (in inds). 202 EXPLANATORY NOTES TO THE FINANCIAL STATEMENTS Explanatory notes for the balance sheet and the other financial statements should identify extraordinary events, as well as certain required provisions, and should be presented following the financial starements. In fiscal years beginning after December 15, 2021, private organizations and private not-for-profit organizations will be expected to present the effects of all leases on the balance sheet (FASB 2020). ASU 2016-02, Leases