Financial Statements

Unit outcomes addressed in this Assignment:

Assess the purposes and components of financial statements, including the income statement and balance sheet.

Interpret financial accounting information.

Course outcome addressed in this Assignment:

HA520-4:Assess cost concepts, management control processes of budgeting, revenue cycle management, working capital, time value analysis, capital budgeting analysis, and long-term financing decisions.

Instructions

Solve the following financial problems from your textbook, and submit the answers, including your work, in a Word or Excel document:

Problem 3.5 from page 114, Chapter 3

Problem 4.5 from page 153, Chapter 4

Problem 4.6 from page 153, Chapter 4

Please check the attached document. Also the textbook will be needed. Gapenski,L.C., Reiter,K.L. (2016).Healthcare finance: An introduction to accounting & financial management. Chicago: Health Administration Press.