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Hi I need your help with this assignment, its my turn to complete the team assignment for my learning team- we take turns, let me know if you can help! plagiarism free please!
I chose Patton-Fuller Community Hospital, hope this is okay with you... attached is the balance sheet and income statement.
that you need to calculate the liquidity, profitability, and solvency ratios based upon the balance sheet and income statement report.
REMEMBER to: Create a horizontal and vertical analysis for the balance sheet and the income statement
Learning Team Assignment: Ratio Analysis Memo
Resources: Virtual Organizations
Click the Virtual Organization link in the Links Library to access the Virtual Organizations.
Select one of the Virtual Organizations as the basis for the assignment.
Obtain faculty approval of your selected organization before beginning the assignment.
Access the information contained in your selected organization’s balance sheet and income statement to calculate the following:
· Liquidity ratios
o Current ratio
o Acid-test, or quick, ratio
o Receivables turnover
o Inventory turnover
· Profitability ratios
o Asset turnover
o Profit margin
o Return on assets
o Return on common stockholders’ equity
· Solvency ratios
o Debt to total assets
o Times interest earned
Show your calculations for each ratio.
Create a horizontal and vertical analysis for the balance sheet and the income statement.
Prepare a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo, address the following questions:
· What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company?
· Which users may be interested in each type of ratio?
· What does the collected data reveal about the performance and position of the company?