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GROUP PROJECT HCOFA- DESCRIPTION AND FINANCIAL ANALYSIS REPORT
0
Week 11 Assignment 6: Group Project HCOFA- Description and Financial Analysis
Report
Team 5
Alana Gamez
Emma Jallah
Malika Leach
Tameka Owi
Aaron Thailla
University of Maryland Global Campus
HCAD 640 9040: Financial Management for Healthcare Organizations
Dr. Leonard Vernick August 1, 2023
GROUP PROJECT HCOFA- DESCRIPTION AND FINANCIAL ANALYSIS REPORT
1
Abstract
Tenet Healthcare Corporation is a for-profit healthcare organization built on community care headquartered in Dallas, Texas (Tenet, n.d.). Tenet Healthcare Corporation is a leading health system that continues to evolve and advance in patient care (Tenet, n.d.). Since Tenet Healthcare Corporation is a leading healthcare system, it is critical to understand why they are in that position. Tenet Healthcare Corporation’s financial statements can provide insight into why the organization continues to be a leading healthcare organization and evolve. This report will provide insight into Tenet Healthcare Corporation’s financial standings compared to other similar organizations.
Keywords: Financial analysis, financial statements, for-profit, healthcare organization, healthcare system, Tenet Healthcare Corporation
GROUP PROJECT HCOFA- DESCRIPTION AND FINANCIAL ANALYSIS REPORT
2
Introduction (“Introduction” can be removed once the introduction is put in) SWOT/PESTLE Analysis
Financial Ratios
Financial ratios can provide healthcare organizations with insight into their financial performance over the years, and their financial performance compared to other organizations (“Week 4: Financial Ratio Analysis”, 2023). To assess an organization’s financial performance, its financial statements are needed. The financial statements that are needed are the balance sheet, income statement, statement of changes in equity, and statement of cash flows (Reiter & Song, 2021). With the necessary financial statements, healthcare organizations can conduct a ratio analysis. Ratio analysis will combine the data from the financial statements and convert it into numbers that measure aspects of the financial condition (Reiter & Song, 2021). Financial ratios can be grouped into four categories: liquidity, profitability, operating efficiency, and capital structure (“Week 4: Financial Ratio Analysis”, 2023; Reiter & Song, 2021). Each ratio category will have its ratios.
Liquidity Ratios
Liquidity ratios measure an organization’s ability to meet its short-term debt obligations and pay off its short-term liabilities when they become due (“Week 4: Financial Ratio Analysis”, 2023). Current and acid-test ratios are two ratios that fall under the category of liquidity ratios. The current ratio indicates an organization’s ability to meet short-term debt obligations and measures whether they have enough resources to pay its debt off over the next 12 months (“Week 4: Financial Ratio Analysis”, 2023). To find the current ratio, the current assets, and current liabilities would need to be identified. This information can be
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Related Questions
Milestone #1 – Research Project Overview (Week Two)
Introduction: Provide a brief overview of the research healthcare. Describe the topic you are focusing on and establish the rationale behind your choice. Use the model for introduction on page 111 in Creswell & Creswell.
Purpose: Describe the main topics that you will examine in the context of the survey. You do not need to discuss the specific survey questions here. Rather, focus on the broader topics and themes that you will address in the questionnaire. Creswell & Creswell (2023) discuss this in Chapter 6.
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Financial Information Table
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Dashboard
My courses
ACCT4141_iram_fall20
WEEK 7: 25 OCTOBER - 31 OCTOBER
Case study 2
Separate groups: 5
My Submissions
Case 2
Title Start Date Due Date Post Date Marks Available
Case study 2 - Case 2 27 Oct 2020 - 08:00 28 Oct 2020 - 06:00 28 Oct 2020 - 19:00 100
Summary:
On Chapters 9, 10, and 11:
The YuRaeKa charity was established in 1960. The charity’s aim is to provide support to children from disadvantaged backgrounds who wish to take part in sports such as tennis, badminton, squash, basketball and football.
YuRaeKa has a detailed constitution[1] which explains how the charity’s income can be spent. The constitution also notes that administration expenditure cannot exceed 10% of income in any year.
The charity’s income is derived wholly from voluntary donations. Sources of donations include:
(i) Cash collected by volunteers asking the public for donations in shopping areas,
(ii) Cheques sent to the charity’s head office,
(iii) Donations…
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give your own perspective on why financial literacy is important
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Topic: Accounting For Non-Profit Organization
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Study Excel Instructio x
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M Corporate Finance
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Case Study # 4 Excel Submission – Capital Budgeting Comprehensive Problem
Pinnacle Custom Home Builders purchased a 40 foot articulating boom lift three years ago for
$50,000. The equipment has been depreciated under the 5-year MACRS schedule (20%, 32%,
19%, 12%, 12% & 5%). The old equipment can be sold for $33,000.
Pinnacle is considering the purchase of a new 60 foot articulating boom lift that would allow
the company to complete nearly all of its construction projects without the need for costly rental
lifts. The new lift could be purchased for $105,000 and would also fall under the 5-year MACRS
depreciation schedule.
Assume the old and new equipment would provide the following operating gains (or losses)
over the next six years.…
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Paragraph
Styles
keep using Word without interruption, activate before Monday, 17 May 2021.
Activate
Expressive Youths is a non-profit youth club in the Corporate Area that engages its members in
the buying and selling of paintings that are sold to public to provide income for the club. For the
financial year ending December 31, 2020 the clerical officer of the club provided the following
information in relation to the club's activities:
Payments
Electricity
Purchase of television
Purchase of paintings
Refreshments, etc.
Stipend for clerk
Stationery
2$
120,000 subscription
60,000 Sale of paintings
320,000 Refreshment, etc. sale
Receipts
300,000
800,000
600,000
280,000
Donations
250,000
200,000
96,000 Other activities
50,000
I.
Additional Information:
()
On January 1, 2020 the club had paintings valued at $350,000., while subscription in
arrears at that date was $15,000
On December 31, 2020 the club owed $25,000 for electricity, while $10,000 was paid
for stationery that was to be…
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Question ThreeThe following Trial Balance is the financial details of West Municipal Assembly for the yearended 31 December, 2021
District Development Facility (DDF) $58,600 CreditSpecial Sanitation Grant from Government $30,260 CreditShare of Common Fund $587,450 CreditProperty Rate (ii) $73,230 CreditFuneral Rate $25,270 CreditSalary Div 1 $266,280 DebitCommission to Revenue Collectors $15,790 DebitPrinting and Publication $66,110 DebitUtility Bills $20,040 DebitConferences $14,580 DebitDonations $80,770 CreditContract Retention $13,970 CreditMarket Tolls $25,550 CreditCourt Fines $109,400 CreditMarriage and Divorce Registration $43,840 CreditTelecommunication Cost $18,830 DebitRepairs and Maintenance $9,720 DebitTown Hall Meetings $64,890 DebitSpecial Audit Fees $27,130 DebitTravel and Transport $54,670 DebitRevenue Receivable $208,570 DebitSalary Div 2 $315,090 DebitAssembly Members Allowance $79,000 DebitConsultancy Cost $4,750 DebitHawkers License $37,150 CreditChop bar License…
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KINGDOM OF SAUDI ARABLA
MINISTRY OF HIGHER EDUCATION
4 Imam Muhammad thn Sand hlamie Universio
College of Ecenomies and Adminirative Selenees
Department of inance and Investment
Acedemic year1442-144
Level i four
Caurne Princiuler af finance
and investment-FINI02
Home exercises 1
All results must be numerie and rounded to the nearest hundredth
When you round off to the hundredih digit, you look at only the thousandth digit Le you focus only
on the next digit.
Say x- 8678.4546 When you round it to the nearest hundredth digit, you get - 8678.45
Say z= 8678.4556 When you round it to the nearest hundredth digit. you get z 8678.46
Question1:
You are given the following information about a corporation.
Statement income
2019
2020
Sales
250
300
Operating costs
Depreciations
Net Working Capital
Capital Spending
If we assume the firm faces a 20% tax rate, calculate the free cash flow (FCF) for the year 2020.
180
200
45
20
50
25
45
50
Question2:
You are considering an investment in a new project.…
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Preparation of financial statements for a not-for-profit organization
Following is financial data for the Center for Music and Health Studies, a not-for profit organization investigating the benefits of music in the treatment of illness. Given this information, prepare the statement of activities and the statement of financial position.
Without DonorRestrictions
With DonorRestrictions
Support—contributions
$821,780
$301,560
Revenues—investment
36,640
37,500
Net assets, beginning of year
674,480
726,960
Long-term liabilities
$276,760
Contributions receivable
247,720
Expenses—support
176,580
Net assets released from restriction
67,560
Cash
189,620
Payables
165,580
Expenses—program
731,780
Investments
196,920
Depreciation expense (of which 80% relates to program expenses and 20% relates to support expenses)
33,900
Property, plant and equipment, net
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Instructions:
Round answers to the nearest whole number, when applicable.
Use a…
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Quality of initial posting
15
Frequency of responses to classmates
2.5
Quality of responses to classmates
2.5
Reference to supporting readings
2.5
Language and grammar
2.5
Total
25
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I would like to get help from this activity
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Subject : Accounting
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See pictures of the example
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Required information
Exercise 6-4 and Exercise 6-5 (Algo)
[The following information applies to the questions displayed below.]
The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2020, the last day of
its fiscal year. The enterprise fund was established this year through a transfer from the General Fund.
Accounts payable
Accounts receivable
Accrued interest payable
Accumulated depreciation
Administrative and selling expenses
Allowance for uncollectible accounts
Capital assets
Cash
Charges for sales and services
Cost of sales and services
Depreciation expense
Due from General Fund
Interest expense
Interest revenue
Transfer in from General Fund
Bank note payable
Supplies inventory
Totals
Exercise 6-4 (Algo)
$
Debits
31,900
55,500
732,000
99,500
509,000
53,500
18, 200
41,400
Credits
$ 117,000
35,100
53,500
13,900
579,000
6,200
128,500
628,500
20,700
$1,561,700 $1,561,700
Required:
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b. Prepare…
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A4
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>
Week 9
Assignment 9.4
Assignment 9.4 - BUSINESS PLAN
Upload your assignment through the link
provided in this week's assignments folder.
The financial and accounting statements
provide the information needed to measure
the projected success of the business plan.
The recipient of the business plan will want to
have an understanding of this information in
assessing the performance of the proposed
business plan. The two questions to answer
are the following:
a. What information will be needed to
develop the accounting and financial
statements.
b. What information is needed to explain
the importance of these statements to
the other business functions.
The discussion shall be approximately 1½ to 2
pages in length, doubled space, using a size
12 font. Any direct quotes or the paraphrase of
unique thoughts of others should be properly
cited and referenced using general APA
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Please answer the question
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Ito Ltd. receives a local government grant to help defray the cost of its plant facilities.
The grant is provided to encourage Ito to move its operations to a certain area.
Explain how the grant might be reported. Your answer must be supported by referring
to relevant accounting standards.
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- Milestone #1 – Research Project Overview (Week Two) Introduction: Provide a brief overview of the research healthcare. Describe the topic you are focusing on and establish the rationale behind your choice. Use the model for introduction on page 111 in Creswell & Creswell. Purpose: Describe the main topics that you will examine in the context of the survey. You do not need to discuss the specific survey questions here. Rather, focus on the broader topics and themes that you will address in the questionnaire. Creswell & Creswell (2023) discuss this in Chapter 6.arrow_forwardFinancial Information Tablearrow_forwardQ.What benefits can Crosstown Health Center obtain by implementing the ABC system?arrow_forward
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