Basic reporting approaches for cash flows
Which of the two basic reporting approaches for cash flows from operating activities did the company adopt?
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What is the relationship between inventory and cost of goods sold by a pharmacy or medical supply business? Explain the depreciation concept. What items in a physician practice can be depreciated? What is the purpose?
How does understanding the differences between fixed and variable cost behaviors help you manage a health care organization? What would you expect to be the largest variable cost and the largest fixed cost, and why do you think that?
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How might a structured process such as Six Sigma methodology be useful here?
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Are we losing the economic war with the whole world? Does globalization make it impossible to compete with nations which can produce cheaper and faster?
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