Financial Statements and Analyses Discussion- Week 6
PLEASE READ DIRECTIONS CAREFULLY!! Also, please do not let the attached documents overwhelm you. They are only 1)The directions and 2) Pages from one of the resources listed on the directions page. NOTE: Please use APA 7th ed. for referencing and in-text citations please!! (NO .com references! Only scholarly and peer-reviewed!!!) If you do not have a completed reference (where you retrieved it from if no doi…..), I will cancel the order!! All references need to be in alphabetical order, as 7th ed. APA requires! Competency: 4. Apply key principles of financial management to assess the financial performance of non-profit and for-profit healthcare organizations through time-series and cross-sectional comparative analyses. Directions: Address the following elements: Create an analytical overview of the four main financial statements, including key components of each statement by using as an example a healthcare organization relevant to you. Create an analytical overview of the four main categories of financial ratios: profitability ratios, liquidity ratios, debt management ratios, and asset management ratios. Assess the key contributions and limitations of financial ratios as a framework for analyzing a healthcare organization’s financial performance. Identify at least one financial ratio used by a healthcare organization associated with you. NOTE: I am a mental health social worker if this should be needed to complete this assignment.