Scenario: You have recently been hired as a manager in the financial department for a local hospital. In the last few weeks, you have noticed a lack of understanding from the staff on the hospital financial system. In order to correct the situation, you have decided to hold a staff meeting on the financial system and the essential documents that the staff is required to be familiar with.

Describe the Information included on balance sheets and the importance of the information. o Include the ways to analyze financial statements Explain the cost allocation methods that the hospital could use. o Include examples. Describe time value of money calculations and uses of these calculations. Describe Opportunity Costs. Explain the various ways to acquire and manage working capital. Evaluate the options that the facility has to acquire short-term cash and then the options for short- term investments.