What is the fixed asset turnover ratio? A.jpg Q Search III LIIC TICAL SIA...

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Accounting

What is the fixed asset turnover ratio?image

A.jpg Q Search III LIIC TICAL SIA PIUDICI TV TUUU TUYG U AUT Blg City Hospital Statement of Operations For the Year Ended December 31, 2019 Big City Hospital Balance Sheet For the Year Ended December 31, 2019 9 1,500,000 200,000 1,700,000 Assets Current Assets Cash & Cash Equivalents Net Patient Receivables Total Current Assets 50,000 350,000 400,000 $ 1,200,000 200,000 100,000 50,000 1,550,000 Properties & Equipment Gross properties and Equipment Less Accumulated Depreciation Net Properties and Equipment unut 900,000 475,000 425,000 $ 10 Revenue, Gains, Other Support 11 Net Patient Service Revenue 12 Other Revenue 13 Total Revenue 14 15 Expenses 16 Direct Patient Care Services 17 Administrative Services 18 Depreciation 19 Other Expenses 20 Total Expenses 21 22 Operating Income 23 24 Investment Income 25 26 Excess of Revenue over Expenses 27 28 Increase in Unrestricted Net Assets 29 30 31 Click on the Questions tab below: 32 33 Total Assets 825,000 150,000 50,000 Liabilities and Net Assets Current Liabilities Accounts Payable Salaries Payable Total Current Liabilities 200,000 200,000 50,000 250,000 $ 200,000 Notes Payable 200,000 s Unrestricted Net Assets 375,000 Total Liabilities & Net Assets $ 825,000

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