Using the information below, calculate the operating margin for XYZ Hospital:

Net patient service revenue	$425,000
Other operating revenue	28,000
Non-operating revenue	15,500
Total expenses	375,000
Net income	93,500

• A.

  20.6%

• B.

  20.7%

• C.

  17.2%

• D.

  14.6%

• E.

  22.0%

Using the information below, calculate the current ratio for XYZ Hospital.

Current liabilities	$ 270 000
Cash & equivalents	375,000
Accounts receivable	285,000
Net fixed assets	1,220,000
Accounts payable	195,000
Notes payable	75,000
Capital lease obligations	25,000
Net assets (equity)	1,450,000

• A.

  1.1

• B.

  2.4

• C.

  3.4

• D.

  2.2

• E.

  1.9

Using the information below, determine the days cash on hand for XYZ Hospital.

Cash and equivalents	$ 12,250
Short-term investments	8,500
Net fixed assets	278,000
Accounts receivable	62,500
Wages & salaries	125,000
Administrative costs	25,000
Supplies	10,750
Insurance expense	7,250
Depreciation	12,350
Notes payable	18,750
Net assets	62,500

• A.

  26.6

• B.

  28.2

• C.

  24.8

• D.

  38.0

• E.

  45.1

Using the information below, calculate the Days in Patient Accounts Receivable for XYZ Hospital. Revenue and expense amounts are annual amounts.

Net patient accounts receivable	$1,050,000
Other operating revenue	350,000
Net patient revenue	4,500,000
Total operating expenses	3,250,000

XYZ Hospital has 575 licensed beds. In 2017, it had 151,000 inpatient days. What was the hospital's occupancy rate in 2017?

• A. 74%

• B. 68%

• C. 70%

• D. 72%

XYZ Hospital had 53,000 discharges and 150,000 inpatient days in 2017. What was the hospital's average length of stay in 2017?

• A.

  2.83

• B.

  2.75

• C.

  0.35

• D.