Question: Using the information below, determine the operating margin for WTX Hospital: Net patient service revenue: $425,000 Other operating revenue: $12,000 Non-operating revenue: $7,800 Total expenses:
Using the information below, determine the operating margin for WTX Hospital:
Net patient service revenue: $425,000
Other operating revenue: $12,000
Non-operating revenue: $7,800
Total expenses: $108,904
Net income: $8,572
A. 6.4%
B. 8.8%
C. 7.3%
D. 6.2%
E. 6.6%
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