Financial Management for Health Care class need quality original work.
EACH QUESTION MUST BE Minimum of 450-500 words in length and properly sourced.
List the questions answered
Question 1:
Examine the different roles that a manager plays in the financial success of a business.
1. Include in your response an explanation of the different forms of business organizations and provide a benefit of each type for maximizing profits.
2. Include in your response an explanation of the different types of financial statements. Define in detail
3. Explain the relationship of managerial finance to economics and accounting
4. Discuss the relationship between stockholders/shareholders, bondholders, and the financial manager.
Question 2:
What is the common accounting equation that reflects the relationship among liabilities, owner's equity, and assets? Define each
Exercise:
Place each one in the proper order so that the equation from above equals: (show your work)
|
Cash
|
89,000
|
|
Accounts Payable
|
25,000
|
|
Buildings
|
1,000,000
|
|
Mortgage Payable
|
250,000
|
|
Retained Earnings
|
837,000
|
|
Payroll Taxes due
|
9,000
|
|
Patient receivables
|
55,000
|
|
Accounts payable: Supplies
|
23,000
|
What is the difference between an expense and a cost.