1. Is the Current Ratio calculated from the data in the handout financial statements good in relation to the benchmark of 2.0?

Yes

No

2. Is the calculated Days Cash on Hand, Short Term Sources, good in relation to the benchmark of 30.5 days?

Yes

No

3. Is the calculated Operating Margin from the handout financial statements good in relation to the benchmark of 1.8%?

Yes

No

4. From the data in the handout financial statements, what is the Days Cash on Hand (Short-term sources)?

a. 30.0 b.38.5

c.40.2

d.43.2

Exhibit A Balance Sheet (in $000) Exhibit B Income Statement (in $000) 2018 2018 ASSETS Current Assets Cash Short Term Investments Receivables (net) Inventory Prepaid expenses Total Current Assets 1,124 45 2,530 1,175 32 4,906 REVENUES Patient Service Revenues Provision for contractual allowance Provision for charity care Provision for bad debt Net Patient Revenue Premium Revenue Other revenue Total operating revenue 15,040 (3,540) (500) (900) 10,100 700 440 11,240 Noncurrent Assets Property, plant and equipment Accumulated depreciation Net property, plan and equipment Long-term investments Other non current assets Total non current assets 5,980 (1,730) 4,250 509 219 4,978 EXPENSE Salary wages benefits Supplies drugs purchased services Depreciation and Amortization Interest Total operating expense 6,783 2,845 542 246 10,416 Total Assets 9,884 Total operating Income 824 NON OPERATING INCOME Investment Income 195 624 EXCESS REVENUE OVER EXPENSE 1,019 LIABILITIES AND NET ASSETS Current Liabilities Accounts payable Notes payable Accrued expenses payable Estimated third-party adjustments Current portion of long-term debt Total current liabilities 540 750 243 184 2,341 Noncurrent liabilities Long-term debt less current portior 2,500 Total Liabilities 4,841 NET ASSETS Unrestricted Temporarily restricted Permanently restricted Total net assets 2,550 1,740 753 5,043 Total liabilities and net assets 9,884