HSMB 306 – Assignment #3- Summer, 2020Refer to Sunset Hospital’s financial statements below for calculating the ratios in problems 1-6. Sunset Hospital Statement of Operations For the Year Ended Dece

HSMB 306 – Assignment #3- Summer, 2020Refer to Sunset Hospital’s financial statements below for calculating the ratios in problems 1-6.

Sunset Hospital

Statement of Operations

For the Year Ended December 31, 2018

Sunset Hospital

Balance Sheet

As of December 31, 2018 (2017 omitted)

Revenues, Gains, Other Support

Assets

Current Assets

Cash and cash equivalents $

Net patient receivables

Total Current Assets

Properties and Equipment

Gross properties and equipment $ Less accumulated depreciation

Net Properties and Equipment 425,000

Total Assets $

Liabilities and Net Assets

Current Liabilities

Accounts Payable Salaries Payable

Total Current Liabilities

Notes Payable Unrestricted Net Assets

Total Liabilities and Net Assets $

Net patient service revenue

Other revenue

Total Revenue

Expenses

$

1,500,000

200,000

1,700,000

Nursing ServicesAdministrative ServicesDepreciation 100,000

50,000

350,000

400,000

900,000 475,000

825,000

200,000 50,000 250,000

200,000 375,000 825,000

1,200,000 200,000

Other Expenses

Total Expenses

Operating Income

Investment Income

Excess of revenues over expenses 200,000

Increase in Unrestricted Net Assets $

50,000

1,550,000 150,000 50,000

200,000

1

  1. What is Sunset Hospital’s operating margin?
  2. What is Sunset Hospital’s days in accounts receivable?
  3. What is Sunset Hospital’s long-term debt to net assets ratio?
  4. What is Sunset Hospital’s age of plant?
  5. What is Sunset Hospital’s fixed asset turnover ratio?
  6. What is Sunset Hospital’s days cash on hand?

Show more







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10