20 Jul HEALTH SYSTEM (MHS) COMPARATIVE FINANCIAL STATEMENTS IN THE EXAMPLES AND EXERCISES SECTION.
This activity will provide you with an opportunity to work with an established financial statement of revenue and expenses for MHS (Baker & Baker, 2011). In this activity, two years of financial data will be compared using common sizing and ratios commonly used in health care organizations.
You will be using Excel® for this activity. Refer to the atomic learning tutorial if you need additional help in setting up your spreadsheet.
Set up an Excel spreadsheet to include the revenue and expenses from current and prior year from the Metropolis Health System (MHS) comparative financial statements in the Examples and Exercises section.
Once you have put the categories in place on the spreadsheet down the left side, enter the dollar amounts under each year that correspond to each category in the year columns next to each other.
Create a common size column beside the dollar amounts to prepare to enter the percentages.
Common size the MHS Statement of Revenue and Expenses for each category.
On the same Excel spreadsheet, in the rows beneath your common sizing activity calculations, enter the calculations for the following ratios, using the formulas provided in your text:
Quick Ratio
Days Receivables
Operating Margin
When you have completed all calculations, you are ready to submit your assignment.
Compose your work and save it frequently to your computer. Remember to save this file as a .xls or .xlsx file, using your last name and module number as the file name, e.g. Smith5.xlsx. When you’re ready to submit your work, click Browse My Computer and find your file. Once you’ve located your file click Open and, if successful, the file name will appear under the Attached files heading. Scroll to the bottom of the page, click Submit and you’re done. Be sure to check your work and correct any spelling or grammatical errors before you post it.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.