HFMA CHFP RATIO ANALYSIS EXAM QUESTIONS AND
ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
Operating Margin
(Total Operating Revenue - Operating Expenses) / Total Operating Revenue
Return on Total Assets
Net Income / Total Assets
Return on Equity
Net Income / Net Assets
Current Ratio
Current Assets / Current Liabilities
Quick Ratio
(Cash + Marketable Securities + Net Accounts Receivable) / Current Liabilities
Net Days in Patient Accounts Receivable
Net Patient Accounts Receivable / (Net Patient Service Revenue/365)
Average Payment Period
Current Liabilities / [(Operating Expenses - Depreciation)/365]
Days Cash on Hand
(Cash + Marketable Securities) / [(Operating Expenses - Depreciation)/365)
Equity Financing Ratio
Net Assets / Total Assets
Long-Term Debt to Equity
LT Liabilities / Net Assets
ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
Operating Margin
(Total Operating Revenue - Operating Expenses) / Total Operating Revenue
Return on Total Assets
Net Income / Total Assets
Return on Equity
Net Income / Net Assets
Current Ratio
Current Assets / Current Liabilities
Quick Ratio
(Cash + Marketable Securities + Net Accounts Receivable) / Current Liabilities
Net Days in Patient Accounts Receivable
Net Patient Accounts Receivable / (Net Patient Service Revenue/365)
Average Payment Period
Current Liabilities / [(Operating Expenses - Depreciation)/365]
Days Cash on Hand
(Cash + Marketable Securities) / [(Operating Expenses - Depreciation)/365)
Equity Financing Ratio
Net Assets / Total Assets
Long-Term Debt to Equity
LT Liabilities / Net Assets
