Create a balance sheet and income statement

Assignment Help Accounting Basics

Reference no: EM133205005

MHA 5001 - Health Care Financial Management Assignment - Balance Sheet Worksheet, Columbia Southern University

Description - Research Paper Topic, Budget Information, and Resources

In Unit VIII of this course, you will complete a research paper where you create a balance sheet, income statement, and statement of cash flows for your healthcare facility. You will also make capital budgeting and investment decisions, and present long-term financial analysis for the facility. In this analysis, you will evaluate the financial implications of current and future healthcare trends and discuss the future of healthcare financial management in the United States.

In this unit, your assignment is to submit a research paper topic that gives basic background information about your healthcare facility and presents current budget information. The first part of this assignment is to decide which facility that you wish to analyze. Do not use the same facility you used in the Unit V Assignment. Create your own facility name, background, and information about what type of healthcare facility it is. Give a brief description of your facility, including information about its history, its current financial situation, and whether it is for-profit or nonprofit.

Part two of the assignment for this unit is to outline the budget information for your facility for 2018. Include the revenues, costs, and profits (or losses). With this information, present a budget and actual results for the facility with the difference in dollar-terms and percentages based on the actual numbers. Explain the relationships of these. Based on this information, calculate and interpret the revenue, cost, and profit variances for the facility. You are creating this facility, so the budget information is up to you. For instance, if you want to concentrate on turning operations around in a struggling facility, that facility might face losses in its 2018 budget.

Reference no: EM133205005

Questions Cloud

Compute the bond market value today : 1. A company plans on taking out real estate loan of $10 Million on its distribution center. The company will make even payments at the end of each year over te

Why is ratio analysis so important in health care : Why is ratio analysis so important in health care? Explain why you selected those three ratios and how the three ratios would be used to update the CEO.

What needs might a user have that your app would serve : What needs might a user have that your app would serve? Why might a user decide engaging with your app is the right choice for them?

How does the elasticity of supply of loanable funds : How does the elasticity of supply of loanable funds affect the size of these changes? Harvard Business School.

Create a balance sheet and income statement : MHA 5001 - Health Care Financial Management Assignment - Balance Sheet Worksheet, Columbia Southern University - Create a balance sheet and income statement

Define the price elasticity of demand : Define the price elasticity of demand and explain its role to predict changes in quantity and total revenue. Saudi electronic university. econ 101.

Describe the apps screens and features : Describe the app's screens and features. List the major UI components on each screen. Identify where data is included in the app.

Most diversified portfolio : A) Which bank has the most diversified portfolio? Show all calculations. [Hint: Use the formula presented in the course.]

Which stakeholders are most and least prioritized : How have these companies prioritized their stakeholders? Which stakeholders are most and least prioritized?

User Account

All Pages