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Compute the given ratios for wynn memorial nursing home

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Assignment: Listed below are the balance sheet and statement of operations for Wynn Memorial Nursing Home for 2008 and 2009.

Required: 1. Compute the following ratios for Wynn Memorial Nursing Home for 2008 and 2009

a. current ratio.

b. days in accounts receivable.

c. total asset turnover ratio.

d. fixed asset turnover ratio.

e. operating margin.

f. return on total assets.

g. long-term debt to net assets ratio.

Listed below are the industry standards of the above ratios for Wynn Memorial's peer group.

2. Compare the year 2009 to the median:

a. calculate the variance

b. determine if the variance is favorable or unfavorable

3. Compare the two years:

a. calculate the variance

b. determine if the variance is favorable or unfavorable

See table below to facilitate the answers.

NOTE: Please see attached file for the tables.

Information related to above question is enclosed below:

Attachment:- Assignment.rar

Reference no: EM132235727

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