Question: 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

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

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