The writer is very fast, professional and responded to the review request fast also. Thank you.
Before you learned algebra, you first had to learn basic addition, subtraction, multiplication, and division. Similarly, before you can fully understand the finances of a health care organization, you first need to be able to apply basic financial calculations used in almost all domains of accounting. A firm grasp of these accounting concepts will better enable you to confidently make budgetary and resource decisions. In this Assignment, you complete calculations that will familiarize you with some of the necessary basic accounting concepts.
Based on the information and financial statements below, calculate the following financial ratios in an Excel Spreadsheet:
= Total Current Assets / Total Current Liabilities
= Cash / (Total Operating Expense / 365 days)
= Accounts Receivable / (Net Patient Service Revenue / 365)
= Accumulated Depreciation / Depreciation Expense
= [Long Term] Debt / Net Assets
= [Long Term] Debt / Total Assets
= Net Patient Service Revenue / Gross Patient Service Revenue
= Gain or (Loss) from Operations / Net Patient Service Revenue
Note: For those Assignments in this course that require you to perform calculations you must:
- Use the ‘Week 3 Application Assignment Template’ from your Learning Resources
- Show all your calculations and formulas in the spreadsheet
A title and reference page are NOT needed in this assignment. Put your name and assignment at the top of the Excel spreadsheet.
For those not comfortable with the use of Microsoft Excel, this week’s Optional Resources suggest several tutorials.
To prepare:
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more