1hsmb 306 Assignment 3 Summer 2020 Refer To Sunset Hospitals ✓ Solved

1 HSMB 306 – Assignment #3- Summer, 2020 Refer to Sunset Hospital’s financial statements below for calculating the ratios in problems 1-6. Sunset Hospital Statement of Operations For the Year Ended December 31, 2018 Revenues, Gains, Other Support Net patient service revenue $ 1,500,000 Other revenue 200,000 Total Revenue 1,700,000 Expenses Nursing Services 1,200,000 Administrative Services 200,000 Depreciation 100,000 Other Expenses 50,000 Total Expenses 1,550,000 Operating Income 150,000 Investment Income 50,000 Excess of revenues over expenses 200,000 Increase in Unrestricted Net Assets $ 200,000 Sunset Hospital Balance Sheet As of December 31, omitted) Assets Current Assets Cash and cash equivalents $ 50,000 Net patient receivables 350,000 Total Current Assets 400,000 Properties and Equipment Gross properties and equipment $ 900,000 Less accumulated depreciation 475,000 Net Properties and Equipment 425,000 Total Assets $ 825,000 Liabilities and Net Assets Current Liabilities Accounts Payable 200,000 Salaries Payable 50,000 Total Current Liabilities 250,000 Notes Payable 200,000 Unrestricted Net Assets 375,000 Total Liabilities and Net Assets $ 825,.

What is Sunset Hospital’s operating margin? 2. What is Sunset Hospital’s days in accounts receivable? 3. What is Sunset Hospital’s long-term debt to net assets ratio?

4. What is Sunset Hospital’s age of plant? 5. What is Sunset Hospital’s fixed asset turnover ratio? 6.

What is Sunset Hospital’s days cash on hand? Chapter 10 Email Forensics 1 Email is Often the Best Evidence Contents can demonstrate intent Header data can demonstrate the source Timestamps can show intent to mislead Show up as evidence in a vast majority of cases Email Structure Plain text emails don’t support graphics HTML structured emails support graphics and embedded content Attachments can accompany the message as a separate file Email Technology Mail user agent is a software interface that represents the end user Mail transport agent moves messages from point A to point B Mail client is the application that provides end user support Mail server handles addressing and transport Email Addresses Each user ID must be unique to a particular domain The same user ID on a different domain may or may not represent the same user User IDs are easily spoofed with the right software Email Protocols Mailbox protocols Post Office Protocol, ver.

3 (POP3) Internet Message Access Protocol (IMAP) Transport protocols Simple Mail Transport Protocol (SMTP) Email Clients Perform some basic functions Send messages Receive messages Manage content (including attachments) Are operating system specific Determine how information is archived on the system May be a local client or web-based Information Stores Acts as a cabinet for the information stored by the client Sent/Received messages Address books Calendars Each client has a specific format for storing data Email Servers Act as relay agents for moving messages across the Internet SMTP servers handle all outgoing messages IMAP or POP3 servers handle all incoming messages Server applications such as Microsoft Exchange combine SMTP with POP/IMAP Standard Header Information TO: FROM: SUBJECT: DATE: All of these are easily spoofed MIME Header Information Information stored in the header that includes: Time/Date stamps for various actions along the way Server information for relay servers along the way A message ID unique to this message across the Internet Versions of software used along the way IDs of blind carbon copy recipients A return path Tracing the Origin of a Message Each server that relays the message adds its IP address Each relay server maintains logs for a certain period of time that indicates the IP address of the sender as well as the intended recipient While the time stamp can be manipulated at the origin, the ones added along the way are likely real Some Email Search Tools Clearwell Paraben GREP Search Results False positives – looks right but isn’t False negatives – doesn’t look right, but is A measure of accuracy is “precision†Ratio of false positives to false negatives A measure of effectiveness is “recall†Percentage of relevant emails that were found Advanced Search Methods Stationary User Profiles – a method of determining if a user makes use of multiple accounts Similar Users – a way of determining if what appears to be a single user is actually multiple users Attachment Statistics – a user’s typical behavior regarding attachments is analyzed Recipient Frequency – what types of messages a specific user usually receives

Paper for above instructions

Analysis of Sunset Hospital’s Financial Statements
In order to evaluate the financial performance of Sunset Hospital, we will analyze its liquidity, operational efficiency, and overall financial health. The financial ratios that we will compute are: Operating Margin, Days in Accounts Receivable, Long-term Debt to Net Assets Ratio, Age of Plant, Fixed Asset Turnover Ratio, and Days Cash on Hand. These ratios will provide valuable insights into the hospital’s financial operations.

1. Operating Margin

The operating margin is a measure of a hospital’s operational efficiency, showing the percentage of revenue that remains after paying for operating expenses. It can be calculated using the formula:
\[
\text{Operating Margin} = \frac{\text{Operating Income}}{\text{Total Revenue}} \times 100
\]
For Sunset Hospital:
- Operating Income = 0,000
- Total Revenue = ,700,000
\[
\text{Operating Margin} = \frac{150,000}{1,700,000} \times 100 = 8.82\%
\]
This operating margin indicates that approximately 8.82% of the hospital's revenues are retained as operating income after covering operating expenses, which is a reasonable margin for healthcare institutions.

2. Days in Accounts Receivable

Days in Accounts Receivable (A/R) reveals how quickly a hospital collects revenue from patients and insurers. It is calculated with the formula:
\[
\text{Days in A/R} = \left( \frac{\text{Net Patient Receivables}}{\text{Net Patient Service Revenue}} \right) \times 365
\]
From the financial statement:
- Net Patient Receivables = 0,000
- Net Patient Service Revenue = ,500,000
\[
\text{Days in A/R} = \left( \frac{350,000}{1,500,000} \right) \times 365 = 85.41 \text{ days}
\]
An average of approximately 85 days to collect A/R indicates a potential area for improvement in collection processes.

3. Long-term Debt to Net Assets Ratio

This ratio assesses the financial leverage of the hospital, showing what portion of its net assets is financed through long-term debt. The formula is:
\[
\text{Long-term Debt to Net Assets Ratio} = \frac{\text{Long-term Debt}}{\text{Unrestricted Net Assets}}
\]
From the balance sheet:
- Long-term Debt (Notes Payable) = 0,000
- Unrestricted Net Assets = 5,000
\[
\text{Long-term Debt to Net Assets Ratio} = \frac{200,000}{375,000} = 0.5333 \text{ or } 53.33\%
\]
This ratio indicates that about 53.33% of the hospital’s net assets are financed by long-term debt, suggesting a moderate use of leverage.

4. Age of Plant

The age of plant metric provides insight into the average age of the hospital's fixed assets. It can be calculated using:
\[
\text{Age of Plant} = \frac{\text{Accumulated Depreciation}}{\text{Annual Depreciation Expense}}
\]
- Accumulated Depreciation = 5,000
- Annual Depreciation Expense = 0,000
\[
\text{Age of Plant} = \frac{475,000}{100,000} = 4.75 \text{ years}
\]
This suggests that, on average, the hospital's physical assets are about 4.75 years old, which is relatively young and may indicate ongoing investments in new equipment.

5. Fixed Asset Turnover Ratio

This ratio measures how effectively the hospital is using its fixed assets to generate revenue. The formula is:
\[
\text{Fixed Asset Turnover Ratio} = \frac{\text{Net Patient Service Revenue}}{\text{Net Properties and Equipment}}
\]
From the balance sheet:
- Net Patient Service Revenue = ,500,000
- Net Properties and Equipment = 5,000
\[
\text{Fixed Asset Turnover Ratio} = \frac{1,500,000}{425,000} = 3.53
\]
A ratio of 3.53 indicates that for every dollar invested in fixed assets, the hospital generates about