In: Finance
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. | |||||||