Marvin industries Inc. operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, teams, and organizations to create, publish, promote, and monetize their digital content. The company is forecasting operations to determine the additional financing that will be needed to support its operations and to assess whether the firm’s anticipated performance is in line with the company’s own general targets and investors’ expectation.Total assets and accounts payable are proportional to sales, and that relationship will be maintained. Marvin has arranged to sell $5,000 of new common stock in 2021 to meet some of its financing needs. The remainder of its financing needs will be met by issuing new long-term debt at the end of 2021. The company’s net profit margin on sales is 9.75%, and 60% of earnings will be paid out as dividends. Marvin is operating at full capacity, so its assets must grow at the same rate as projected sales.What were Marvin’s long-term debt and total liabilities for 2020?Sales are projected to increase by 25% over the 2020 sales figure. Determine the forecasted change in company’s sales over the forecasting period.Use the AFN equation to forecast Marvin’s additional funds needed for the coming year to support the company’s growth.(HINT: AFN = (A0*/S0)(∆S) – (L0*/S0)(∆S) – (M)(S1)(1 – payout) – new common stock)Explain how the following factors affect external capital requirements:payout ratiocapital intensityprofit marginCalculate the required level of fixed assets for Marvin Industries if the company operates at no excess capacity with full capacity sales of $36,000 in 2020.Define the term self-supporting growth rate. Determine the self-supporting growth rate for Marvin Industries.A small company, Stevens Textile Co. is expanding its operations and needs additional financing to support its expansion projects. The company is planning to change its business registration from a limited liability company to a corporation. As a corporation it will be listed on the stock exchange market and sell shares to the public to raise capital from investors. The business will be managed by professional executives who are not owners of the corporation.Explain agency relationship and agency costs to the owners of Stevens Textile Co.Suppose Stevens Textile company is very successful and the founders’ cash out most of their stock and turn the company over to an elected board of directors. Neither the founders nor any other stockholders own a controlling interest (this is the situation in most public companies). List six potential managerial behaviors that can harm a firm’s value.What is corporate governance? List five corporate governance provisions that are internal to a firm and under its control.Stevens Textile Co. might want to reduce the conflict of interest that may arise between corporate executives and shareholders by electing board of directors to oversee the activities of the corporate executives. Identify five characteristics of the board of directors that usually lead to effective corporate governance.

Introduction The U.S. health care workforce comprises both clinical and nonclinical professionals. The field is very diverse, with professionals coming from all over the world. Physicians, physician assistants, nurse practitioners, registered nurses, physical therapists, psychologists, chiropractors, and pharmacists are only a few of the many types of clinical professionals. On the nonclinical side, administrators, financial analysts, information analysts, billing specialists, and collection specialists are just a few types of nonclinical professionals. All of these individuals come from different backgrounds and must work together to ensure the best patient experience and highest quality care possible.To ensure high quality care, health care professionals must be aware of, and comply with, laws designed to protect patients. The Health Insurance Portability and Accountability Act (HIPAA) is a very far-reaching law that has directly impacted not only health care professionals, but also patients (Niles, 2021). Most organizations have annual training requirements to ensure all employees are aware of the regulations as they relate to their specific job functions. Ethical issues such as treatment of the terminally ill, genetic testing, cloning, organ donation, and euthanasia are additional topics that further challenge health care professionals. As a health care administrator, you must understand the laws and ethical standards to which you are held.Predicting the future of our complex health care system is very difficult. As leaders in our field, it is our responsibility to stay on top of current issues and laws and to be visionaries for our organizations. Subscribing to e-mail bulletins and alerts from the various governmental agencies is one way to stay abreast of changing regulations. The Centers for Medicare & Medicaid Services, HHS.gov, and Healthcare.gov are excellent resources that all administrators should check on a regular basis. Government, technology, and the changing financial landscape will all continue to impact and change the health care industry (Niles, 2021), and as health care administrators, we must be prepared to quickly respond.Reference Niles, N. J. (2021). Basics of the U.S. health care system (4th ed.). Jones & Bartlett Learning.Demonstration of Proficiency By successfully completing this assessment, you will demonstrate your proficiency in the course competencies through the following assessment scoring guide criteria: Competency 3: Analyze roles and responsibilities of health care professionals. Explain the need for health care management professionals. Describe three clinical job roles that did not exist 50 years ago. Compare and contrast the roles of nurse practitioner and physician assistant. Describe the role of the attending physician in terms of his or her responsibility to manage the care of the patient. Explain how health care administrators interact with direct care professionals. Competency 4: Communicate in a manner that is scholarly, professional, and respectful of the diversity, dignity, and integrity of others. Produce a presentation that conveys understanding of the topic, its context, and its relevance. Use academic writing conventions such as APA formatting and citation style, or others as required. Produce writing that includes minimal grammar, usage, and mechanical errors, including spelling. Instructions After a recent promotion to chief operating officer (COO) at your hospital, you have been asked to give a presentation to new students of health care administration at the local community college. Your presentation will discuss the roles and responsibilities of health care professionals. Using the resources provided plus at least two other peer-reviewed articles based on your own research, develop a PowerPoint presentation of 12–15 slides, complete with speaking notes. Address the following: Describe the need for health care management professionals. Describe three clinical job roles that did not exist 50 years ago. Discuss the differences and similarities between a nurse practitioner and a physician assistant. Describe the role of the attending physician in terms of his or her responsibility to manage the care of the patient. Explain how health care administrators interact with direct care professionals. You might want to (but do not have to) organize your presentation using the following outline: Slide 1: Title of the Presentation. Slide 2: Brief explanation of the purpose of the presentation. Slides 3–6: What Is a Health Care Professional and Why Do We Need Them? Describe the need for health care management professionals. Describe three clinical job roles that did not exist 50 years ago. Slides 6–8: Nurse Practitioners and Physician Assistants. Describe each role. Discuss the differences and similarities between a nurse practitioner and a physician assistant. Slides 9–10: Attending Physicians and Management of Care. Describe the role of the attending physician in terms of his/her responsibility to manage the care of the patient. Slides 11–12: Administrators and Clinicians. Describe the two roles. Explain how health care administrators interact with direct care professionals. Slide 13–14: Conclusions. Presentation Requirements Your presentation should consist of: A minimum of 12–15 bulleted slides. Speaker notes that fully explain each slide. A minimum of two peer-reviewed references. Appropriate APA citations and peer-reviewed references on each slide, as necessary. General Guidelines for PowerPoint Keep the design simple. Font: Arial or Verdana, size 24-point, minimum. Keep the slides concise: 5–7 bullet points per slide and 5–7 words per bullet. Use speaker notes to explicate the bullets. For best color contrast, use light text on dark background (for example, yellow on black, white on dark blue). Use the proper slide layout. For example, if a slide has a title and text, it is created using the correct Title and Text layout. Note: To fully understand how this assessment will be graded, be sure to carefully read the Health Care Professionals: Roles and Responsibilities Scoring Guide