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East Pacific Hospital Operations Statement Operating Income Revenues $                 96,000,000.00 Expenses $       &nbs

East Pacific Hospital
Operations Statement
Operating Income
Revenues $                 96,000,000.00
Expenses $                 94,000,000.00
Operating Income $                   2,000,000.00
East Pacific Hospital
Operations Statement
Operating Income
2015 2016
Assets
        Current assets $                 21,000,000.00 $                              18,000,000.00
Property, plant, and equipment $                 64,000,000.00 $                              63,000,000.00
Total Assets $                 85,000,000.00 $                              81,000,000.00
Liabilities and net assets
Liabilities  
         Current liabilities $                 17,000,000.00 $                              14,000,000.00
         Bonds Payable $                 64,000,000.00 $                              65,000,000.00
Total liabilities $                 81,000,000.00 $                              79,000,000.00
Net assets
         Unrestricted net assets $                   4,000,000.00 $                                 2,000,000.00
Total liabilities and net assets $                 85,000,000.00 $                              81,000,000.00
1. Complare the total profit margin ratio for 2015. Is this good if th industry average is 2.5%,
     why/why not?
2. Compare the return on assets ratio for 2015. Is this good if the industry average is 8.3%,
     why/why not?
3. Compute the return on equity ration for 2015. Is this good if the industry average is 5%,
     why/why not?
4. What balance sheet account provides the link between the balance sheet and the
       operations statement.

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Expert Solution

jeff jeffy answered 2 years ago
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