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You have recently successfully completed an undergraduate course in healthcare finance. You have just accepted a job offer at a local pediatric hospital as the senior department accountant. The hospital is in a rural and underserved area, with a high population of indigent community. Your boss, the CFO, would like a comprehensive analysis of the current financial status of the hospital. He gives you two months to gather and analyze required data and present this to him in a report.
He requires the report cover three main aspects:
A detailed delineation of the required aspects follows:
Question 1: Review of Financial Health of The Pediatric Hospital
Question 2: Identification of ratios to determine the profitability, liquidity, capital structure, and asset efficiency.
Determination of Profitability:
Question 3: Identify a ratio that would communicate organization profitability.
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