Description
Working capital, or actual cash available for spending, is the key to a successful organization. In a healthcare organization, it is important to determine how much cash is available to run the day-to-day operations. Analyze the working capital of a healthcare organization of your choice.
Locate and select financial statements for a particular healthcare organization. Analyze the working capital of the organization. Consider the impact of regulations, business plans, and economic dynamics on the working capital requirements of the business. Is there sufficient working capital for business operations of the organization selected?
Please assist me with an analysis of the working capital of the healthcare organization you selected. Evaluate the impact of regulations, business plans, and economic dynamics on the working capital requirements of the business. Include whether or not there is sufficient working capital for business operations and explain why.
Explanation & Answer
Here is the worksheet! If you need anything corrected or added, just let me know.
Revenues
[A]
[B]
[C]
[D]
Givens:
Surgical volume
Gift shop revenues
Surgery revenues
Parking revenues
Budgeted
2,300
$19,000
$600,500
$14,600
1. Deternine the variance between the planned and actual budgets for Surgical Volume . Is the variance favorable
[E]
Surgical volume
[A]
2,300
[F]
Gift shop revenues
[B]
$19,000
[G]
Surgery revenues
[C]
$600,500
[H]
Parking revenues
[D]
$14,600
[I]
Total variance
$636,400
3. Determine the S...