Business, 23.04.2021 20:20 jmathematics7806

Ratio analysis of two competing not-for-profit hospitals revealed the following values: Milestone Hospital Southwest Hospital
Operating Margin 2.3% 5.4%
Current Ratio 1.50 2.20
Days Cash on Hand 128 days 112 days
Days in Receivables 72 days 58 days
Liabilities to Fund Balance 2.45 1.78

Based on these data, which of the following is an accurate conclusion?

a. Based on Liabilities to Fund Balance, Birchtree Hospital is more solvent than Southeast Hospital.
b. Based on Liabilities to Fund Balance, Southeast Hospital is more solvent than Birchtree Hospital.
c. Based on the Current Ratio, Birchtree Hospital is more solvent than Southeast Hospital.
d. Based on the Current Ratio, Southeast Hospital is more solvent than Birchtree Hospital

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Ratio analysis of two competing not-for-profit hospitals revealed the following values: Milestone...

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