Financial condition of organization at any given moment

Assignment Help Operation Management

Reference no: EM132272730

It is important for management officials to know the financial condition of the organization at any given moment. There are several reporting tools that will provide this very information. Each of the tools will provide the manager with a different view of the organization. Therefore, it is important that a manager has some basic knowledge of how each tool is constructed and how to read each one. The information from these tools can then be used to make corrections to ensure that the organization remains viable.

For this assignment, first list and discuss the 3 financial reporting tools. Be sure to discuss the purpose of each tool. Also, discuss its components as well as the advantages and disadvantages. Once you have accomplished this, refer to Case 1: River Community Hospital in your case book. Provide a brief description of the organization. Discuss some of the specific information from each reporting tool (For example, what is the total revenue, total assets, etc.) that you feel is important to you as a manager.. Based on your review of the statements, discuss the financial condition of the organization. Comment on any recommended changes you feel are warranted by your review.

Reference no: EM132272730

Questions Cloud

Write out the equivalent decimal numbers : For the following IEEE 754 format numbers, write out the equivalent decimal numbers and show your calculation steps.

Due process clause and equal protection clause : Explain the 3 clauses in the 14th Amendment: privileges and immunities clause, due process clause, and equal protection clause.

Advertising increases the efficiency of markets : Some say that advertising increases the efficiency of markets; others say that it decreases their efficiency.

What would be its arrival time in frankfort : What would be its arrival time in Frankfort? Use your resources to find the time difference between the two cities.

Financial condition of organization at any given moment : It is important for management officials to know the financial condition of the organization at any given moment.

Which types of business challenges : Which types of business challenges did Ming most likely describe to the shop owner?

Create data flow diagram : Create a data flow diagram to illustrate how systems will interact with the customer and how the data are passed through the system(s),

Create a beam finite element model of the ladder : MECH4400 - Computational Mechanics - University of Newcastle - Create a beam finite element model of the ladder shown in the drawing

Unity and the gnome desktop environments : Question 1: What are some of the differences between Unity and the GNOME desktop environments?

User Account

All Pages