Please calculate the following and tell if the trend for eac

Please calculate the following and tell if the trend for each ratio year to year is positive, neutral, or negative:

1.Current ratio

2.Average collection period

3. Days of cash on hand, short-term sources

4. Days of cash on hand, all sources

5. Average payment period

Jan 30, 2015 and 2014 (show 15.001 95.407 93,221 150,117 Liabilities and Net Assets Current liabilites Current portion of long term debt Accounts payable Accrued abilities Defend safety net revete Acered interes payable Payable to third-party agencies Total eurent liabilities Long term debt, net of current portion Other long-term liabilities Total liabilities Net assets Unrestricted net assets Temporanly restricted net assets Permanently restricted net assets Total net assets Total liabilities and not assets 279.454 123.927 015116 475656 683.005 See accompag notes to consolidated financial statement

Solution

2015

2014

Current ratio

(A): Total current assets

107225

136416

(B): Total current liabilities

73221

98407

Current ratio (A/B)

1.464402289

1.38624285

Trend

Positive

2015

2014

Average collection period

(A): Patient service revenue

481030

433516

(B): Closing accounts receivable

45917

48815

Average collection period (B x 365 /A)

34.84128849

41.0999248

Trend

Positive

2015

2014

Days of cash on hand, short term assets

(A): Cash and cash equivalent

22802

26427

(B): Total current assets

107225

136416

Days of cash on hand, short term assets (A x 365/B)

77.6193052

70.7091177

Trend

Positive

2015

2014

Days of cash on hand, all sources

(A): Cash and cash equivalent

22802

26427

(B): Total assets

683005

705110

Days of cash on hand, short term assets (A x 365/B)

12.18545984

13.6799294

Trend

Negative

2015

2014

Average payment period

(A): Accounts payable

15004

13203

(B): Total operating expenses

467284

418477

Average payment period (A x 365/B)

11.71976785

11.5157942

Trend

Neutral

	2015	2014
Current ratio
(A): Total current assets	107225	136416
(B): Total current liabilities	73221	98407
Current ratio (A/B)	1.464402289	1.38624285
Trend	Positive
	2015	2014
Average collection period
(A): Patient service revenue	481030	433516
(B): Closing accounts receivable	45917	48815
Average collection period (B x 365 /A)	34.84128849	41.0999248
Trend	Positive
	2015	2014
Days of cash on hand, short term assets
(A): Cash and cash equivalent	22802	26427
(B): Total current assets	107225	136416
Days of cash on hand, short term assets (A x 365/B)	77.6193052	70.7091177
Trend	Positive
	2015	2014
Days of cash on hand, all sources
(A): Cash and cash equivalent	22802	26427
(B): Total assets	683005	705110
Days of cash on hand, short term assets (A x 365/B)	12.18545984	13.6799294
Trend	Negative
	2015	2014
Average payment period
(A): Accounts payable	15004	13203
(B): Total operating expenses	467284	418477
Average payment period (A x 365/B)	11.71976785	11.5157942
Trend	Neutral