What each ratio conveys to hospital administrators

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Assignment:

Provide a brief explanation of the following:

a) the difference between the ratios mentioned below;

b) what each ratio conveys to hospital administrators;

c) which financial statement you would use to get the data to complete each ratio; and,

d) define if you would need any other information to provide a status of the operation to the hospital COO

(Hint: note that it is the Chief Operations Officer who you are meeting with).

fixed asset turnovrt= total revenue/ net fixed assets

TA turnover= total revenue/ total assets

Reference no: EM133396169

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