Health Financial Management Week 6 Assignment 2
Assignment 2: Using Financial Ratios to Assess Organizational Performance
Due Week 6 and worth 240 points
Using the financial statements from your selected health care organization in Assignment 1, develop a financial plan for the next three (3) years.
Write a four to five (4-5) page paper in which you:
- Suggest the financial ratio that most financial analysts would use to evaluate the financial condition of the company. Provide support for your rationale.
- Speculate on the organization’s ability to meet its financial obligations as they come due. Provide support for your rationale.
- Based on your ratio analysis, determine whether the profitability trends are favorable or unfavorable and explain your rationale.
- Using financial ratio analysis, predict whether or not the company will be viable in five (5) years based on its performance over the past three (3) years. Provide support for your prediction.
- Use at least two (2) quality academic resources. Note: Wikipedia and other Websites do not qualify as academic resources.