Health Care Accounting Assignment
Preparing for the Assignment:
You have been recognized as a financial analysis expert. As such, you have been hired to conduct a review of a for-profit organization’s latest consolidated financial statement and make recommendations to leadership based upon your findings. The business proposal requires the use of 3 scholarly sources to support your work.
Select 1 consolidated financial statement from a for-profit health care organization of your choice.
Review the financial ratios in the Wk 3 Discussion – Financial Ratios.
Assignment Directions:
Choose 2 of the financial ratios listed below and perform a calculation of that ratio using your selected organization’s financial statements. Alternate ratio names are provided in parenthesis.
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Current ratio (liquidity ratio)
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Debt to assets ratio (solvency ratio)
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Free cash flow (solvency ratio)
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Price-earnings ratio (profitability ratio)
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Profit margin ratio (profitability ratio)
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Return on total assets Ratio (profitability ratio)
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Working capital (liquidity ratio)
Include an explanation of what the result of the calculation means about the organization.
Write a 1,050- to a 1,400-word business proposal using your own template or the Business Proposal Template.
Include the following items in your business proposal:
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Background/History of the Organization:
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Describe the health care organization.
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Include the history and purpose, and identify the service or product they offer. (This information is typically found in the annual report.)
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Operational Structure:
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Describe the company’s operational structure (i.e., sole-proprietorship, corporation, partnership, etc.).
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Include a definition of the type of structure and discuss their financial health. (This information is typically found on the SEC website.)
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Financial Analysis and Stability:
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Explain the purpose of financial analysis.
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Identify the steps required in performing a financial analysis.
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Include information about the organization’s assessment of its current financial stability.
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Identify their growth plans or plans to increase future revenue. Include any challenges they have encountered or anticipate.
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Vertical and Horizontal Analysis:
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Compare vertical and horizontal analysis.
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Include the actions the organization should take if the findings show unexpected differences. Provide 1 example.
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Financial Ratios:
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Explain the use of financial ratios.
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Define the 2 financial ratios you selected for this assignment.
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Using the organization’s financial statements, perform a calculation for the 2 ratios.
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Include an explanation of what the result of each calculation means about the organization’s financial status.
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Recommendation For Leadership:
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Recommend 1 financial strategy to leadership. The recommendation must be based on the organization’s financial statements and related to their financial status improvement, liabilities reduction, revenue streams expansion, or future growth.
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Conclusion:
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Write a conclusion. This closing paragraph is designed to assist the reader in understanding the purpose of the paper.
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Summarize the key points from the supporting paragraphs without introducing any new information.
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Include how this information would be used by health care managers.
Cite 3 scholarly sources to support your assignment.
Format your citations and references according to APA guidelines.
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