Exam (elaborations)
MHA 706 Module 3 Exam/46 Questions with answers (LSUS MHA 706 Ratio)
- Course
- Institution
MHA 706 Module 3 Exam/46 Questions with answers (LSUS MHA 706 Ratio)
[Show more]
Seller
Follow
Victorious23
Reviews received
Content preview
MHA 706 Module 3 Exam/46 Questionswith answers (LSUS MHA 706 Ratio)
Ratio Analysis - -technique used in financial condition analysis
-Financial ratio analysis - -combines values from the financial statements to
create single numbers that facilitate comparisons
-Profitability ratio - -answers the question- is the business generating
sufficient profits
-Liquidity ratio - -can the business meet its cash obligations or debts
-Debt management ratio - -answers whether the business is using the right
mix of debt and equity
-Asset Management - -looks at whether the business has the right amount
of assets for the patient volume that it has.
-Total margin - -net income /total revenue
-Operating margin - -operating income/operating revenue
-ROA - -net income/ total assets
-ROE - -net income/ total equity
-Return on assets - -for every dollar that we invested in assets, the hospital
generated about $__ in net profit.
-Return on equity - -for every dollar invested by the owners or the
community in this case, the hospital is generating about $__ in net profit.
-With the debt ratio - -the higher the number it's worse. So you want lower
values. While in the times interest earned, higher are better.
-FA turnover - -total revenue (net operating + nonoperating)/ net fixed
assests
-TA turnover - -total revenue (net operating + nonoperating)/ total assets
-Days in patient accounts receivable - -Net patient accounts receivable/(net
patient service revenue/365)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Victorious23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now