Finance Question
April 21, 2024
Innovation in Healthcare and Financial Statements (110 points)
Financial statement management is an essential process for healthcare organizations. The challenge for operational leaders is interpretation of financial statement performance
Select a hospital that publicly displays their financial performance on their website. Then address the following requirements:
Describe the Profit Loss Statement:
Review top revenue items
Review cost comparison compared to previous year
Provide your interpretation of the statement – how well is the organization.
Balance Sheet Review:
Review Assets
Review Liabilities
Describe the financial health of the balance sheet
Review Financial Ratios Calculations
Current Ratio
Debt-to-equity Ratio
Working Capital Ratio
Make a recommendation to lease or finance the capital item. Please support your decision with financial data.
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