Question
Healthcare Organizations do take advantage of investment opportunities from time to time. You will be preparing a brief and presenting it to colleagues in the
Healthcare Organizations do take advantage of investment opportunities from time to time. You will be preparing a brief and presenting it to colleagues in the Investment Divisions of your clinic named Brooklyn Orthopedic Clinic (BOC). You are required to:
- Identify investment opportunities that your clinic can engage in if it is successful at securing a loan at a local bank to finance a positive net present value project.
2. A vital piece of information that the bank requires to achieve (1) above is the proper analysis of BOC financial statements. You know that ratios are important tools to achieve that requirement. Therefore, you are to explain to the accounting team how to use ratios to analyze the financial statements of the clinic.
3. You are also aware that several hospitals and clinics are competing for the same loan with the local bank. Therefore, explain how ratios can be used to compare the financial statements of several healthcare organizations to confidently present your hospital as the first among equals to secure the loan.
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