Financial Management for Health Care class need quality original work.
EACH QUESTION MUST BE Minimum of 450-500 words in length and properly sourced.
List the questions answered
Question 1:
Examine the different roles that a manager plays in the financial success of a business.
- Include in your response an explanation of the different forms of business organizations and provide a benefit of each type for maximizing profits.
- Include in your response an explanation of the different types of financial statements. Define in detail
- Explain the relationship of managerial finance to economics and accounting
- Discuss the relationship between stockholders/shareholders, bondholders, and the financial manager.
Question 2:
What is the common accounting equation that reflects the relationship among liabilities, owner’s equity, and assets? Define each
Exercise:
Place each one in the proper order so that the equation from above equals: (show your work)
|
Cash |
89,000 |
|
|
Accounts Payable |
25,000 |
|
|
Buildings |
1,000,000 |
|
|
Mortgage Payable |
250,000 |
|
|
Retained Earnings |
837,000 |
|
|
Payroll Taxes due |
9,000 |
|
|
Patient receivables |
55,000 |
|
|
Accounts payable: Supplies |
23,000 |
What is the difference between an expense and a cost
