Question 15\n3.e. Continuing from the previous questions, calculate Bayside's 2018 average age of plant.\nRound to one decimal place.\nBayside's fixed assets are much newer than the average hospital. This explains why Bayside's fixed\nasset utilization comes out poorly. New assets lead to higher book values, which bias asset\nutilization ratios downward.
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Question 15
1pts
3.e.Continuing from the previous questions,calculate Bayside's 2018 average age of plant.
Round to one decimal place
2017
Industry average 9.1
Bayside's average age of plant
5.2
Bayside's fixed assets are much newer than the average hospital.This explains why Bayside's fixed asset utilization comes out poorly New assets lead to higher book values,which bias asset utilization ratios downward