Ratio analysis. Allen Community Hospital is a small, 95-bed hospital. The hospital just completed a major renovation of its facility, which has helped to attract new physicians and patients to the hospital. Assess Allen’s revenue, expense, and profitability; liquidity; activity; and capital structure ratios. Using the financial ratios from Exhibit 4.26 for the current and previous years, evaluate Allen’s financial condition and also compare its ratios to national industry benchmarks for its bed size, using the data from Exhibits 4.16a.
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