Essay Homework: Short-Term Debt Financing
Your homework for this unit is to write an essay analyzing short-term debt financing options for a healthcare facility. The first part of this homework is to come up with a facility that you wish to analyze. You may create your own facility name, background, and information, or you can base the facility on a healthcare organization with which you are familiar. Be sure to include a name for your facility, whether it is fictitious or real. Give a brief description of your facility, including information about its history, its current financial situation, and whether it is for-profit or nonprofit.
Once you have chosen a facility and provided the background information, it is time to discuss the short-term debt financing options for your facility. Include the following components in your essay:
o Compare and contrast three different external short-term debt-financing options that are available for your facility.
o Suppose that your facility is projected to face a cash shortage later this year. Which of the options you listed would be the best option to cover this shortage at your facility? Why?
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.