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Following are condensed balance sheets and statements of operations for Elias Hospital for the years ended December 31, 2013 and 2012 ( amounts in thousands of dollars).
Use the preceding information to do the following:a. Compute the following ratios for both 2013 and 2012:1. Current ratio2. Number of days cash on hand3. Number of days patient service revenue in receivables4. Operating margin5. Total margin6. Long term debt to capitalization ratio7. Debt service coverage8. Times interest earnedb. Using these ratios and any other observations you make from reviewing the financial statements, discuss whether the hospital financial position and results of operations improved or worsened in 2013 compared with2012.
which of the following is a characteristic of an efficient market?a. small number of individuals.b.
At the beginning of 2008, a decision was made to change to the straight-line method of depreciation for this equipment. Assuming a 30% tax rate, the cumulative effect of this accounting change on beginning retained earnings, net of tax, is
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prachi company produces and sells disposable foil baking pans to retailers for 2.45 per pan. the variable costs per
The Tiernan Gallery and Art Museum distributes to its visitors a printed guide to its collections. There are about 18000 visitors per year. Holding costs for the brochures are 20% and it costs $30 to place an order with the printer.
on july 31 2010 fenton company had a cash balance per books of 6140. the statement from jackson state bank on that date
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Identify and explain the top five reasons private companies go public.
question 1requiredstudy the information provided below and answer the following questions1.1explain the changes that
cardinal paz corp. carries an account in its general ledger called investments which contained debits for investment
date face amount term interest rate 1. april 10 45000 60 days 4 2. june 24 18000 30 days 6 3. july 1 36000 120 days 6
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