Resources: Ch. 11 of Health Care Finance, Doctors Smith and Brown Statement of Net Income and Balance Sheet
Use theAxia Material: Ratio Analysis Formto complete the following:
· Defineeach of the following ratios:
o Current ratio
o Quick ratio
o Debt service coverage ratio
o Operating margin
o Return on total assets
· Explain the purpose of each ratio.
· Compute the following ratios from Drs. Smith & Brown’s financial statements located on the student website:
o Current ratio
o Quick ratio
o Debt service coverage ratio
o Operating margin
o Return on total assets
· Explain what these ratios tell you about the status of the organization. Compare to the median hospitals. See the table in the Axia Material:Ratio Analysis Form.
Cite your references where indicated consistent with APA guidelines.
Post your assignment as an attachment.
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