Posted: December 8th, 2016

Doctors Smith and Brown financial statements

Resources: Ch. 11 of Health Care Finance: Basic Tools for Non-financial Managers (3rd ed.), Doctors Smith and Brown Statement of Net Income and Balance Sheet. Use the Ratio Analysis Form to complete the following:

Define the ratios: Current ratio, Quick ratio, Debt service coverage ratio, Operating margin Return on total assets. Explain the purpose of each ratio. Compute the following ratios from the Doctors Smith and Brown financial statements: Current ratio Quick ratio.

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