Assignment: Financial Management In Healthcare
Organizations rely on financial statements to carry out important business decisions. The statements are typically compiled into a cohesive document, which allow managers to evaluate, based on various financial analysis methods. This process involves a comparison of ratio outcomes from the financial statements. Collectively, the ratios are used to execute financial analysis of business operations, to assess profitability and viability. This portion of the project requires you to apply financial analysis methods, choose the best method to evaluate financial outcomes for your case, and explain why this method should be used over other methods.
Submit a minimum 2-page report that:
• Defines and describes various financial analysis methods, such as vertical and horizontal analysis.
• Explains how and why each method would be used in an organization's financial review process.
• Compares the similarities and differences among the methods.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.