Homework
Write a 175 to 265 words response to the following:
Businesses often use their profits (cash assets) to expand their portfolio such as investments, stock, bonds, capital expenditures, which can be to increase revenue streams as well as for protection purposes. According to our textbook, there are several reasons why a business must practice sound financial management.
With that said, answer the following questions:
• Choose one investment option for a healthcare organization (i.e., buying a building, surgery center, home health agency, or physician practice. Possibly expanding services, or purchasing capital expenditures (MRI, PET scan, or other expensive equipment). Possibly investing in bonds and stocks, investing in other healthcare organizations or mergers).
• Discuss what might be required to invest in that particular option
• Give the rationale of why you think the healthcare organization would benefit from using their cash assets to invest in the option you chose.
• Name one health care financial or operational decision that is based on the organization's financial statements? Which financial statement would be best for making that decision?
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.