Chapter 13: Financial Condition Analysis Income Statement Exhibit 13.1 contains simplified forms of the 2009 and 2010 income statements (also called...

Chapter 13 — Financial Condition AnalysisPROBLEM 3"Baystde-Membrial Hospital's financial statements are presented in Tables 13.1,13.2, and 13.3.a. Calculate Bayside's financial ratios for 2009. Assume that Bayside had $1 million in leasepayments and $1.4 million in debt principal repayments in 2009. (Hint: use the book to identify the applicable ratios.)Must Show All Work