with a title page and a reference page, introduction and conclusion provide answers in full sentences on a word document to Part 1 and Part 2.

Part 1: In the Nowicki text, 7th edition, respond to the eight Discussion Questions on p. 68. Number each question.

Part 2: In the Nowicki text, 7th edition, respond to the four questions included in "Critical Concepts - Creating a Financial Analysis" on p. 66. Number each question.

imagine that you are the financial manager of Clark Pediatrics Center and you have a meeting with board of directors in a month. You need to createa financial analysis of the organization. You have also been asked to compare Clarke Pediatrics to other pediatric healthcare organizations in the area to create a trend comparison. What must you do to complete a financial analysis? What information do you need for both horizontal analysis and vertical analysis? What sources can you use for comparison? What kind of decisions can be made regarding this information?

PART 2 QUESTIONS:

1. How would you explain the three steps in financial analysis at the organizational level?

2. What is the purpose of creating a balance sheet? List the three general classifications of the balance sheet and possible categories under these classifications.

3. What is the purpose of the statement of operations? List the main classifications and the possible categories under the classifications.

4. What types of organizations use the statement of changes in net assets, and why?

5. What is the statement of cash flows? The statement is divided into three segments; list each category.

6. What are the four classifications of ratios on which the financial statement analysis focuses?

7. What are the operating indicators used to analyze the financial performance of an organization?

8. What must an annual report include to be considered a good report?