What can a financial analyst learn from computing a hospital's debt service coverage?
a. the number of times the debt service is covered by the hospital's earnings
b. the excess of the total net assets over the hospital's outstanding long-term debt
c. the number of times the debt service is covered by the hospital's current assets
d. the ratio of the outstanding long-term debt to the current year's debt service
Question 2
The balance sheet reports
a. liabilities.
b. revenue.
c. expenses.
d. net income.
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