Ratio analysis. Exhibit 4.21 lists the financial ratios for 189-bed Collingswood Community Hospital. Assess the revenue, expense, and profitability; liquidity; activity; and capital structure of Collingswood for 20X1. Explain why these financial measures changed between 20X0 and 20X1, and compare them to national industry benchmarks for Collingswood’s bed size, using the data from Exhibit 4.16a.
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