1) Describe and discuss the key ways to analyze Financial Statements. Your discussion should include the use of Financial Ratios as they relate to profitability, liquidity, return on investment and other key indicators you consider important. What factors do you consider to be the most important to assess financial condition of a Health Care Organization (HCO)? 2) Describe and evaluate the key ways that HCO's can finance the purchase of equipment, land and buildings. What are the key ways that HCO's can finance working capital needs? Do these methods vary between Not-For Profit and Investor Owned HCO's? 3) How should the economic concept of Opportunity Costs be utilized in the financial analysis of HCO's? What is the meaning of Sunk Costs and how does that concept impact the financial analysis of the HCo's projects? 4) Describe the key concepts and characteristics of the following Financial Statements: Balance Sheet, Statement of Net Income or Profit & Loss and the Statement of Cash Flows. How do these Financial Statements interrelate? Why are they important? 5) Define the key functions of the Chief Financial Officer of the HCO? What qualification should the HCO CFO have prior to her or his appointment? CPA? MBA? MHA? What is the relationship of the CFO to the CEO, Boarcd Finance Committee and Board of Directors of an HCO