Average collection period and fixed asset turnover

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Financial Analysis Using the financial statements from the Major Medical Center Case Study at the end of chapter 15 (Financial Management for Public Health and non-profit Management 4th addition, Page #552), analyze the following: • Review the auditor’s opinion letter and analyze any concerns. • Review the financial statements. Analyze any unusual items and examine the balance sheet, operating statement, and cash flow statement. • Review the notes and analyze any causes for concern. • Calculate the following ratios using Excel: common size, current, quick, days of cash on hand, receivables turnover, average collection period, fixed asset turnover, total asset turnover, debt, debt to equity, times-interest-earned, operating margin, total margin, ROA, and RONA. • What do you think of Major Medical Center’s financial status?

Reference no: EM131073234

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